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BACS Payments For Unplanned Bank Holiday

September 12, 2022

A bank holiday for the state funeral of HM The Queen has been announced for Monday 19 September 2022.  In line with usual bank holiday protocol, Direct Debits and BACS Direct Credits will not be processed, will not arrive and … Continue reading

Queen Elizabeth II State Funeral – Bank Holiday

September 10, 2022

Bank holiday announced for Her Majesty Queen Elizabeth II’s State Funeral on Monday 19 September  2022 The department for Business, Energy & Industrial Strategy has released the below details for the Queen’s State Funeral Bank Holiday arrangements. Source: https://www.gov.uk/government/news/bank-holiday-announced-for-her-majesty-queen-elizabeth-iis-state-funeral-on-monday-19-september Monday … Continue reading

Understanding Tax Codes

September 10, 2022

Every employee has a tax code and this is what you use to work out how much tax your employee needs to pay. Tax codes are usually made up of a combination of numbers and a letter and will look … Continue reading

Spring Statement 2022

March 23, 2022

The Spring Budget on 23 March 2022 was reasonably light in terms of changes and the overall message was a positive one. Chancellor Rishi Sunak summarised plans for bringing the economy into a “post-Covid era” in the face of the … Continue reading


March 21, 2022

What is a P60? A P60 is a certificate that summarises an employee’s total pay and deductions for the tax year just ended.  It gives details of their pay, pension and or working tax credits received. It shows income tax … Continue reading

1.25% Health & Social Care Levy

March 21, 2022

Who is likely to be affected Employers, employees and the self-employed who are liable to pay National Insurance contributions and individuals that would be liable to pay National Insurance contributions were it not for pension age restrictions.  Individuals who only … Continue reading

Payrolling Benefits or P11D’s?

March 21, 2022

Employers can choose to payroll their employees’ benefits via HMRC Payrolling Benefits In Kind (PBIK) service which aims to streamline the taxing of benefits in kind via the payroll function in real-time and eliminates the need to complete a P11Ds … Continue reading