National Minimum Wage Increase From 1 October 2015

The national minimum wage increases from 1 October 2015.  This is great news for employees however substantially increased costs for employers! The national minimum wage amounts that employers must pay their staff have increased substantially. The Government has increased the Minimum Wage by 20p – from £6.50 to £6.70. The increase for Apprentices has also …

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PAYE Penalties To Be Re-Introduced

HM Revenue & Customs (HMRC) is to re-introduce PAYE penalties for late submissions of monthly payroll information from 6 October 2014.

The penalties will apply where a Full Payment Submissions (FPS)  has not been filed on or before the date a business pays its employees.

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