Due to the coronation of King Charles III on the 6th May 2023 there will be an additional bank holiday on Monday 8th May 2023. Employees are entitled to a minimum 5.6 weeks holiday per holiday year, though there is no legal requirement for employers to give bank holidays as paid leave.
HMRC have updated their guidance on National Insurance due to the reversal of the National Insurance 1.25 percentage point increase from 6th November 2022.
…and for some news closer to home. We are working in partnership with Modulr to make employee payments on behalf of employers. We provide a secure, safe and efficient payment service, saving employers the time and effort involved in paying employees. Not only can we make the employee payments, but we can also pay HMRC the taxes due on the employer’s behalf, ensuring not only the correct amount is paid but on time as well!
There are no extra fees for last minute payments, and we don’t charge for changes! We realise the importance of accurate and on time payroll and in conjunction with Modulr we can provide a complete payroll service.