PAYE and NI

Employment costs for small firms revealed

Small businesses pay an average of £35,500 to hire their first employee, according to research by the Centre for Economic and Business Research and the Federation of Small Businesses.

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IR35 self-assessment scrapped

Businesses will no longer be able to self-assess their risk to IR35 from April 2015, HMRC has announced.

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New personal tax statement for 24 million people

From October 2014, around 24 million people will receive a personal tax statement from HMRC detailing how their taxes were spent, the Chancellor George Osborne has announced.

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RTI extension for micro employers

Micro employers will be given until April 2016 to adapt to the real time information system for reporting PAYE payments, HM Revenue & Customs has announced.

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New minimum wage rates now in force

The latest increases to minimum wage rates have come into force today, in line with recommendations set out by the Low Pay Commission.

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Employers get savvy with staff benefits

More employers and HR professionals are aligning their staff benefit packages with the company's objectives, the Chartered Institute of Personnel and Development (CIPD) has found.

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Universal Credit criticised by spending watchdog

The Government's welfare reform programme - Universal Credit (UC) - has suffered from 'ambitious timescales' and 'weak management', according to a report by the National Audit Office (NAO).

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National Insurance allowance to boost SME job creation

One in five small businesses is feeling optimistic about growth and expansion following the Government's announcement to introduce a £2,000 allowance towards employer National Insurance contributions (NICs).

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Britons need more information about new single-tier pension, say MPs

The Government must do more to inform individuals about the forthcoming single-tier state pension system which will affect around 40 million Britons, a report by the Work and Pensions Committee has said.

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Don't ignore PAYE changes, warns small business group

Small businesses that are not yet ready for the introduction of the new Real Time Information system cannot afford to further delay their preparations, the Forum of Private Business has warned.

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