As a business owner, it is natural to continually seek ways to enhance efficiency and resource allocation within your business.
Category: Wages
Accounting for benefits in kind within your payroll process
From company cars to private medical insurance and travel expenses to childcare vouchers, benefits in kind (BIK) serve as a great way to remunerate your employees.
Understanding payroll responsibilities for apprentice wages
Managing payroll effectively is crucial, especially when it involves apprenticeship wages. Employers must adhere to government regulations to avoid potential fines, penalties and disputes.
What businesses need to know about recent updates to payroll
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements.
How the National Living Wage increase could affect businesses
At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.