From time to time HMRC update their list of approved professional bodies, (approved by Commissioners for HMRC up to 28 February 2013) which details deduction for fees and subscriptions paid to professional bodies or learned societies. The list shows: It shows: professional bodies and learned societies, approved by HM Revenue & Customs (HMRC) for the […]
What are Childcare Vouchers and How to Claim Them? A number of clients have been asking us about Childcare Vouchers. Here are some of the questions and answers: How does the scheme work? Most employers choose to operate their childcare voucher scheme via 'salary sacrifice'. As long as your cash salary does not go below […]
HOW DO I…PAY MY EMPLOYEES? This step-by-step guide assumes that you're starting a new business. You will have a number of employees and you need to set up a payroll function. Step 1: The issues Consider the size and scope of your payroll. Decide on: how many employees you intend to employ; whether employees will […]
Reimbursing Subscriptions & Professional Fees Through Payroll If an employee earning over £8,500 per year is a member of a professional body approved by HM Revenue & Customs and meets 2 conditions, namely the business must involve the practice of the profession and the registration, certification, licensing or other reason for paying the fee is […]
Use of Company Pool Cars One of our clients asked us if a member of staff had to leave early for a business meeting on a Monday, could they take a pool car home on the Friday. They live about 40 miles from their office. It is likely the employee will use the car briefly […]
Can Employers Accept E Payslips? Over the last few weeks we have received 3 queries from clients asking if they can accept electronic P45's as their new employee has only been sent a P45 by email. With HMRC now accepting Part 1 of the P45 online, we thought this would be a good post to […]
