Newsletter – May 2022

We would like to welcome you to our latest newsletter to keep you up to date with a range of topical issues. Please click here to view.

Front page news:

  • Explaining the Health and Social Care Levy and National Insurance change

Change to the National Insurance regime makes major demands on employers, who need to make sure that payroll procedures are correctly set up and also explain what’s happening to their employees.

We provide a guide to areas most likely to prompt questions, and advise on recent HMRC communications which seem to require specific employee messaging about the forthcoming Levy.

  • IR35 and off-payroll: 2022 matters

One year after major change to the off-payroll working rules, what should you look out for now?

Our article highlights the need for care in any employment status decision, wherever your business fits on the IR35 or off-payroll working spectrum.

Our other articles:

  • Money off your software costs

We outline the government’s Help to Grow: Digital scheme.

  • Basis period reform: it could impact your tax bill

Coming shortly: major adjustment to the way income tax liability is calculated for unincorporated businesses. We look at the implications here.

  • Holiday pay on tap: what you need to know about the Pimlico Plumbers

Considering employer responsibilities in the light of the recent Pimlico Plumbers verdict.

  • Employers: risk assess your minimum wage payment

Why might HMRC decide to investigate compliance with minimum wage rules? We look at some of the main risks.

  • Your guide to the Spring Statement

A one-page round-up of the main points involved, including changes to personal taxation, the Employment Allowance, capital allowances and the Research and Development rules.

Here to help

Please don’t hesitate to contact us for advice in any of these areas, or any other matter of concern.

Your views are always important to us and we welcome your feedback.