Payroll Options

🚨 Attention Contractors! 🚨 HMRC has launched a new campaign, "Don’t Get Caught Out," to help you avoid risky tax avoidance schemes. As a contractor, you might face more exposure to bad tax advice. HMRC’s campaign provides tools, guidance, and an informative video to help you understand your pay arrangements and avoid penalties. 💡 Why it matters: ⚫ Protect yourself from tax pitfalls and avoid hefty penalties. ⚫ Access a list of known avoidance schemes to stay informed. ⚫ Stay compliant with the IR35 rules that affect contractor payroll. Take a moment to check out our blog and resources – they could save you time and money down the line! https://bit.ly/4enotZa

🎇 Remember, Remember... Payroll in November! 🎆 As we get ready for Bonfire Night on November 5th, don’t let your payroll go up in smoke! 💥 Here's how to keep things running smoothly this month: ·      Check Your Bonuses: Planning on rewarding your cracking team for their hard work? Make sure to include any bonuses in this month’s payroll and calculate tax and National Insurance correctly. 🎇 ·      Holiday Pay Planning: With Christmas on the horizon, now’s the time to finalise holiday pay calculations to avoid any explosive surprises later on. 🎄 ·      Keep HMRC in the Loop: Remember, submitting your payroll information on time is key to staying compliant and avoiding any unwanted bangs with HMRC! 💼 Don’t get caught out this November! Need a hand managing your payroll? We’re here to help keep everything sparkly and stress-free. 🎆 www.payrolloptions.com #BonfireNight #NovemberPayroll #UKPayroll #PayrollTips #RememberRemember

📢 Employers, get ready for National Insurance updates in April 2025! In the recent budget, significant changes to Employer’s National Insurance were announced. From April 2025: ⚫ Employer NI contributions will rise from 13.8% to 15%. ⚫ The secondary threshold will drop from £9,100 to £5,000, affecting how much employers contribute. ⚫ Employment Allowance will increase to £10,500 and no longer be capped, offering some relief for small businesses. Wondering how this impacts your payroll? Check out our guide to estimating new liabilities and learn more about calculating Employer’s NI accurately for your business. 🔗 Learn more on our blog! https://bit.ly/4ebvYlV #PayrollUpdates #NationalInsurance #EmployerContributions #PayrollTips #SmallBusinessUK #BusinessFinance #PayrollManagement #Budget2025 #UKEmployers #TaxChanges #EmploymentAllowance #PayrollSolutions

🎃 Don’t Let Payroll Give You a Fright This Halloween! 👻 Payroll processing can be spooky, especially with the end of the year creeping up! 🕸️ But fear not—accurate and timely payroll doesn't have to be a nightmare. Here’s how to keep those payroll ghosts at bay this Halloween: 1️⃣ Double-Check Your Payslips: Avoid any skeletons in the closet by reviewing payslips for accuracy before they’re sent out. 2️⃣ Holiday Pay for Seasonal Staff: Got temporary ghouls on your team for the holiday season? Make sure their holiday pay is calculated correctly. 3️⃣ Stay HMRC Compliant: Don’t get caught in a web of compliance issues! Ensure all tax codes and deductions are up to date to keep your payroll running smoothly. Need help keeping your payroll monster-free this season? 🎃 Our team is here to make sure you stay compliant, accurate, and stress-free. Reach out today for payroll support that’s more treat than trick! 🍬 www.payrolloptions.com #HalloweenPayroll #UKPayroll #PayrollTips #SpooktacularPayroll

5-Star Review Alert! ⭐⭐⭐⭐⭐ We're thrilled to share this glowing feedback from one of our amazing clients: "We moved to Payroll Options from a very large provider 5 months ago and have been very pleased with the level of support at the onboarding process and the ongoing efficiency, accuracy, and customer service. I would recommend them to organisations looking for a new provider." Thank you for your kind words! Our priority is providing top-notch support and seamless payroll services. 🙌 If you're considering a change in payroll providers, we'd love to show you the difference that Payroll Options can make. payrolloptions.com #5StarReview #CustomerFeedback #PayrollOptions #EfficientPayroll #CustomerService

💼 The Importance of Accurate Payroll for Employee Satisfaction Did you know that payroll errors can significantly impact employee satisfaction and retention? Nothing affects trust more than incorrect or delayed payments! 🕒 In our latest blog post, we dive into why accurate payroll is crucial for keeping your employees happy and how it contributes to a positive workplace culture. From boosting morale to ensuring compliance, getting payroll right matters more than you might think! 👉 Read the full article here to learn more about how payroll accuracy can benefit your business. https://bit.ly/4gROaUs #PayrollAccuracy #EmployeeSatisfaction #UKPayroll #EmployeeRetention #PayrollOptions

📢 Important Update for Employees Claiming Tax Relief on Employment Expenses 📢 Starting 14th October 2024, HMRC will require all employees claiming tax relief on employment expenses to complete form P87. This applies to claims under £2,500 through PAYE. 🔍 Key Changes: ⚫ Claims will no longer be submitted online or by phone. ⚫ Employees must visit GOV.UK to download form P87 and check eligibility. ⚫ Additional evidence may be required depending on the expense being claimed. ⚫ Claims submitted since 10th June are on hold, but HMRC will provide further guidance soon. 📅 Looking Ahead: ⚫ Digital submissions might return soon, with a tentative date of 31st October 2024 for uniform claims and April 2025 for all other expenses. 💡 Why the change? To reduce incorrect claims while ensuring eligible employees get their due tax relief. Stay updated and make sure to follow the new process to avoid delays! https://bit.ly/3Y3ATQ2 #HMRC #TaxRelief #EmploymentExpenses #P87Form #TaxUpdate

📢 Statutory Neonatal Care Leave & Pay: What Employers Need to Know New changes are coming to UK employment law! 📋 Parents with babies in neonatal care will soon have the right to paid leave, giving them vital support during challenging times. But what does this mean for employers? Our latest blog post breaks down the upcoming Statutory Neonatal Care Leave and Pay, how it will impact your payroll processes, and what you can do to prepare. 👉 Read the full article here to stay informed and ready for these important changes. https://bit.ly/4enYD8i #PayrollOptions #UKPayroll #NeonatalCareLeave #PayrollUpdates #EmployerSupport

Take our Payroll Compliance Challenge! Think your business is fully compliant with UK payroll regulations? 🤔 Now’s the time to find out! Take our Payroll Compliance Challenge and test your knowledge on everything from tax changes to deductions. ✅ Ready to ensure your payroll processes are on track?  💡 Let’s see how well you know UK payroll regulations – are you up for the challenge?   👉🏻 https://lnkd.in/et_tATJ6 #PayrollCompliance #ComplianceChallenge #UKPayroll #StayCompliant #PayrollAccuracy #PayrollManagement

Are you thinking about your future? Pensions are a crucial part of financial planning, ensuring security and comfort in retirement. As payroll professionals, we're here to help you navigate your pension contributions and ensure everything runs smoothly behind the scenes. 🔍 Did you know? Even small increases in pension contributions now can make a big difference in the long run! 💡 Take a moment to review your pension contributions, ask questions, and plan for a brighter future. www.payrolloptions.com #FinancialWellbeing #FuturePlanning #PayrollProfessionals #RetirementReady #WorkplacePension #PayrollSupport