📢 Exciting Updates from Augustus Payroll Blog! 📊 Jeremy Hunt’s recent speech unveiled key changes, including a 2% reduction in employee NI to 8% from April 6, 2024. Dive into our latest blog post for insights on tax, High Income Child Benefit Charge, ‘small pots’ pensions, and new investment zones. Stay informed with Augustus Payroll Services! 💼📆 #PayrollUpdates #TaxChanges #NIreduction #springbudget2024
Discover the key to streamlined payroll processes for business growth! Our latest blog delves into the intricacies of efficient payroll management. 💼✨ Curious to learn more? Let Augustus Payroll guide you towards saving both time and money through expert outsourcing. 🚀💷 #PayrollEfficiency #BusinessGrowth #AugustusPayroll 📑
Wondering if you’re entitled to an extra day’s pay in this leap year? 💸 Our latest blog post, “Navigating Leap Year: Understanding Pay Entitlement on the 29th February,” breaks down the legal perspective on compensation for both salaried and hourly employees.
💼 Salaried Employees: Find out if your fixed salary covers the extra day and learn about the importance of compliance with the National Minimum Wage (NMW) Regulations.
⏰ Hourly Paid: Discover how hourly employees can rightfully claim an extra day’s pay for the 29th February and ensure fair compensation practices.
Stay informed, avoid pitfalls, and make sure your payroll practices are spot on! Read the full blog post here [insert link]. 📖✅
#LeapYear #PayrollEntitlement #UKBusiness #Compensation #NMW #HRInsights #BusinessTips 🚀
The government has introduced forthcoming legislation to revamp holiday pay for part-time and irregular hours employees, effective from January 2024. Alongside streamlining calculations, the Department for Business and Trade has sanctioned ‘rolled up’ holiday pay for part-time and irregular hours workers. This adjustment, arising from extensive consultations on EU employment law and holiday pay, aims…
Digging Deeper: Ensuring Quality Payroll Services In recent conversations with various businesses, it has become apparent that the assumption of accountants being the go-to solution for payroll services is a common trend. While it’s convenient to have a one-stop-shop for financial matters, businesses must not compromise on the quality and accuracy of their payroll processing.…
In the realm of finance and business management, the roles of accountants, bookkeepers, and payroll specialists are often intertwined, yet distinctly different. Each plays a crucial role in maintaining a company’s financial health, but their responsibilities and expertise vary significantly. In this blog post, we will explore the differences between these essential roles. 1. Accountant:…
Potential Changes in Pension Auto Enrolment
P11Ds : Deadlines and their importance
Are you ready for the 23/24 changes?