Holiday Pay Changes

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…

Navigating the Financial Landscape: Accountant vs. Bookkeeper vs. Payroll Specialist

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:…