PAYE and NI

NIC and income tax alignment could affect 40% of workers

Proposals to align national insurance contributions and income tax could affect two fifths of workers.

National living wage slowing pay growth

The cost of the national living wage is impacting wage growth with employers expecting average salary growth of 1.7% in 2016.

Regulations on holiday pay arrears come into effect

Regulations to prevent backdated claims for holiday pay going back more than 2 years have taken effect from 1 July 2015.

HMRC relaxes PAYE late filing penalties

HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated.

Company sick pay not available to third of workers

More than a third of UK workers are not entitled to company sick pay, according to a survey by LV=.

Government plans unveiled in Queen's Speech

The government has revealed its legislative goals for the next Parliament in the Queen's Speech. Here's a summary of the key bills affecting businesses.

SMEs want more simplicity and stability

More than a quarter of SMEs say that simplifying the PAYE system should be the new government's number one immediate priority, according to a survey by Bibby Financial Services.

National minimum wage to rise to £6.70

The national minimum wage for adults will increase by 20p to £6.70 on 1 October 2015, the government has announced.

Small firms concerned about cloud computing

Almost 4 in 10 small businesses are concerned about the security of using cloud accounting services, according to research by the Federation of Small Businesses.

Raise minimum wage, says LPC

The national minimum wage should be increased by 3% in October 2015, according to the Low Pay Commission.

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