Davis, Brown & Company PLLC’s Post

Employee's National Insurance will be reduced furtherly from 10% to 8% (2p) from 6th April 2024, as announced earlier at the Spring Budget 2024. Employers, it is worth to remember that, If income tax thresholds are frozen until 2028/29 as planned, your staff will pay higher taxes and deductions even as NI falls. #nationalinsurance #budget2024 #payroll

🌴🌴 You could try offshoring it... It used to work. 🌴🌴 There's 2 ways to reduce your tax bill: 😇 The legal way & 🤠The other way… Understanding your allowable business expenses can truly impact your take-home pay. Each country has different rules regarding what is and isn’t considered a business expense. Ensure your Payroll Partner considers your specific circumstances, not just a 'one size fits all' approach. Evie +44 (0) 7940709383 #payroll #expenses #taxevasion #umbrella #compliance #jobsineurope #linkedin #contractor #tax #internationalpayroll #internationalcontracting

Employees might be confused as to why their net pay changes this month. Help them to understand the new tax year changes: ✔️ An increase to the National Minimum Wage ✔️ Changes to tax brackets and tax rates for Scotland ✔️ National Insurance cut of 2p All the answers that could potentially lead to payroll questions are in our free employee guide. Grab it to share with your employees or clients: https://lnkd.in/eePxEkhm #tax #HR #payroll #employees #financialeducation #financialwellbeing

If tax code questions are causing your team headaches, read this: You can have a free guide that helps to clear the confusion that many employees might have about their tax codes, why it changes, and how these changes might affect their net pay. Grab it here: https://lnkd.in/g_e9XZYB #HR #Payroll #employeewellbeing #payday #tax #HMRC

Even Einstein felt the strain of payroll! 💡💸 'The hardest thing to understand in the world is the income tax.' — Albert Einstein, probably after taking Debbie Rodgers’ payroll quiz. #MagnetHrGroup #PayrollChallenges #EinsteinWisdom #IncomeTax #PayrollQuiz #TaxTroubles #LegislationLabyrinth #DebbieRodgers #PayrollExperts #FinanceFun #QuoteOfTheDay

With recent legislation criminalizing wage theft, scrutiny of wage underpayments has begun to impact M&A transactions in Australia. It's critical for companies to conduct thorough due diligence on payroll data during transactions to avoid potential liabilities. In this article, A&M Tax experts discuss the importance of thorough due diligence on superannuation, payroll tax and worker classification, and how we can help companies review large payroll data sets quickly and efficiently. Read the full article: https://okt.to/6nidIu #Tax #Payroll #mergersandacquisitions

With recent legislation criminalizing wage theft, scrutiny of wage underpayments has begun to impact M&A transactions in Australia. It's critical for companies to conduct thorough due diligence on payroll data during transactions to avoid potential liabilities. In this article, A&M Tax experts discuss the importance of thorough due diligence on superannuation, payroll tax and worker classification, and how we can help companies review large payroll data sets quickly and efficiently. Read the full article: https://okt.to/nXmd3I #Tax #Payroll #mergersandacquisitions

The path forward has become a little clearer for some medical practices in NSW, with certain payroll tax relief measures officially becoming available. Check details in the post below. Seeking more details? You can find more information from Revenue NSW here: https://lnkd.in/g2xrdzFP Need further help? Contact us for expert guidance on understanding your payroll tax obligations in this dynamic environment. #payroll #payrolltax #NSW #NSWgps #youlegal

Adjusted Gross Income (AGI) is key to understanding your financial situation. Simplify your tax filings and manage your finances effectively as we explore AGI. https://lnkd.in/gFZqCZaE #paystubgenerator #paystubs #onlinepaystubgenerator #securepaystubs #employee #contractors #employers #management #smallbusiness #onlinepaystubs #payroll #digitalpaystubs #TimeSavingTool #smallbusinessfinance #contractors #usa

With recent legislation criminalizing wage theft, scrutiny of wage underpayments has begun to impact M&A transactions in Australia. It's critical for companies to conduct thorough due diligence on payroll data during transactions to avoid potential liabilities. In this article, A&M Tax experts discuss the importance of thorough due diligence on superannuation, payroll tax and worker classification, and how we can help companies review large payroll data sets quickly and efficiently. Read the full article: https://okt.to/NIftnp #Tax #Payroll #mergersandacquisitions