Payplus has been providing us with payroll services for 4 years. We have always found their service to be extremely efficient and if we have any problems we can just pick up the phone and speak to our Payroll Administrator.

Best of all they are really friendly and knowledgeable and a pleasure to do business with.

— Gary Lynch, Financial Controller, HJP Independent Financial Advisors
 
 

Category Archives: National Insurance

Why are payslips such a mystery?

The Chartered Institute of Payroll Professionals (CIPP) recently exposed that over a quarter of employees are in the dark with regard some of the details on their payslip; almost 15% don’t check their payslip and over one in twenty employees never even look at it. These finding were the result of research carried out by [...]

Calls for a single Income Tax rate

A new report by lobbying groups has suggested that a single 30% rate of income tax is what’s needed to help boost growth in the UK. Additionally the 2020 Tax Commission’sreport is also calling to raise the personal allowance to £10,000 and to remove National Insurance altogether. Both proposals would have a dramatic effect on [...]

Tax break plans flop

The tax break for hiring new workers in certain geographical areas has not had the take-up expected by the government. The plan, which was announced by George Osborne in his 2010 budget, was designed to give up to 400,000 small businesses relief on National Insurance payments for the first 10 staff hired. The Chancellor’s initiative [...]

Payroll services – what did the Budget bring?

Well, it wasn’t the most exciting of budgets, but then with the current state of the economy it was never going to be. Plenty of bad news has been delivered in recent Budgets and statements and so the room for economy-boosting measures must be limited. Here at Payplus the one thing that got our attention [...]

National Insurance time bomb

An MP has released figures showing that more than 9 million National Insurance payments totalling more than £1.2 billion going back to 2004-05 have not been credited to employees’ records. This means that taxpayers could face problems claiming their pensions if the backlog is not resolved. The problem arises from errors on P14 forms submitted [...]

Regional Employers NIC’s Holiday – guidance

The announcement in the Budget about the possibility for some new businesses to have a holiday from paying NI has now been followed up with guidance being issued. The regulations came into force on 6 September 2010. New businesses (formed since 22 June) may be able to qualify for a reduction of up to £5,000 [...]

Regional Employer National Insurance Holiday – Q&A's

Under measures announced in the June 2010 Emergency Budget new businesses within certain regions of the UK won’t have to pay National Insurance for their first 10 employees. The tax break, which is said to be worth up to £5,000 for 400,000 businesses, is expected to last three years and will allow businesses to avoid [...]

NI tax breaks for start up businesses

Under measures announced in the June Emergency Budget new businesses outside London and the South East won’t have to pay National Insurance for their first 10 employees. The tax break, which is said to be worth up to £5,000 for 400,000 businesses, is expected to last three years and will allow businesses to avoid NI [...]