The 2024 National Insurance Update: Essential Information The UK government's Autumn Statement in November 2023 brings a significant change effective from 6th January 2024. The Class 1 employee National Insurance contributions rate will decrease from 12% to 10%. This adjustment is crucial for payroll calculations. Thresholds and Benefits for Employees Starting January 2024 Starting from […]
In the competitive landscape of the small business sector, the importance of effective Human Resources (HR) strategies cannot be overstated. This article will delve into how small businesses can enhance their HR practices to boost employee engagement and productivity, key factors that drive business growth action. Understanding the Importance of HR in Small Businesses For […]
Navigating small business payroll management effectively is crucial for small business owners. This task involves more than just paying employees; it encompasses compliance with tax laws, efficient handling of payroll processes, and strategic resource management. This article offers practical strategies to streamline these processes, featuring a case study to illustrate how Crystal HR & Payroll […]
2024 UK Wage Update: Living and Minimum Wage Increases Starting in April 2024, there will be a significant change in the wages for UK workers. The National Living Wage, which is the lowest wage legally payable to workers aged 23 and over (excluding those in their first apprenticeship year), is set for a rise. According […]
Christmas is fast approaching. As you prepare for Christmas parties and buying presents, it's essential to keep your company's payroll in mind. Accurate payroll management during this period is as crucial as any other holiday task. Here's what you need to know. The Importance of Timely Payroll Adjustments Paying staff at Christmas often prompts organisations […]
Unlocking Payroll Efficiency: Crystal HR & Payroll Partners with BrightPay and here's why Managing payroll efficiently is essential for any business, regardless of its size. With the right payroll software, you can simplify payroll operations, save time, and ensure accuracy. BrightPay payroll software is a trusted solution designed to streamline your payroll processes. In this […]
How To Take Your Business to the Next Level with HR Employment contracts are an essential aspect of the employer-employee relationship. They provide clarity and legal protection for both parties and are a legal requirement in the UK. In this article, we'll explore the reasons why employers should have employment contracts and how they can […]
If you're a business owner, you know that payroll is an essential aspect of your operations. Not only does it ensure that your employees are paid accurately and on time, but it also helps you comply with various regulations and laws. However, managing payroll can be a complex and time-consuming task, especially if you have […]
So what is a salary advance? HMRC have recently issued an update on salary advances and RTI reporting requirements in the latest agent update on the Employer Bulletin, number 102. A salary advance is exactly what it says, it's a portion of an employees pay they have earned, paid in advance of the normal pay […]
September 2022 Mini Budget and What it Means for Payroll Although today’s announcement was a mini budget there was a lot of content to digest. So what does it all mean for payroll? Income Tax Cut The previously announced income tax cut will now be brought forward to April 2023 at the start of the […]
What is IR35? It’s been over a year since the off payroll working rules (IR35) changed in the private and voluntary sectors. Some organisations who engage contractors in those sectors who didn’t need to apply the rules for 2021-22 as they didn’t meet the size conditions — but who do now. It is advisable to […]
Congratulations to Sarah on Passing Her CIPP Payroll Technician Exams On behalf of all the team we would like to welcome the new newest member of the CIPP family on passing her CIPP Payroll Technician exams. Sarah is a great asset to the team and has worked tirelessly to help clients and the team so […]
