May 21, 2020

P60 Explained: What is a P60 and the Benefits of Electronic P60s

The deadline for issuing P60s is fast approaching. All employers are legally obliged to issue P60s to employees by 31 May. So, we’ve summarised what a P60 is, what’s on a P60 and the benefits of electronic P60s. What’s a P60? A P60 (also known as an End of Year Certificate) is an annual statement…

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May 18, 2020

Quick Wins: How to Reduce Business Costs

The full financial implications of the COVID-19 pandemic are yet to be seen. But it will inevitably take years for business and the economy to recover. As a result, most businesses are already looking for ways to reduce their costs and improve cashflow. Are you a business owner, a Financial Director, or responsible for the…

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May 5, 2020

Government Urged to Rethink Off-Payroll Working Reforms

Off-payroll working in the private sector has been postponed until April 2021. So with the extra time now available, the Government are being urged to completely rethink the legislation. Most of you will be aware that off-payroll working in the private sector has been postponed. And I’m sure many employers and contractors heaved a huge…

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April 28, 2020

Payroll Legislation Changes for 2020/2021 Tax Year

On 6 April 2020 a new tax year started, bringing with it a new set of rules. So, we’ve highlighted the main payroll legislation changes you need to be aware of. This includes new legislation, changes to legislation and delays to legislation being implemented due to COVID-19. In addition, for more detailed information on what’s…

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April 22, 2020

Here’s the Easiest way to Stay up-to-date with New Payroll Legislation

Whether you’re a payroll professional, a HR Manager, or a business owner, keeping on top of new payroll legislation is hard work. Just when you think you’re compliant – there’s something new to remember! And getting your payroll calculations wrong can incur hefty fines from the HMRC. It can also damage your company’s reputation –…

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April 21, 2020

Legislation Help: How to Keep up with Payroll Updates

Businesses across the UK are seeing payroll updates coming thick and fast. Most notably, the new ‘Job Retention Scheme’ is playing havoc with the payroll. There’s a lot to remember when calculating pay for furloughed workers, whether they’re taking annual leave, using SSP, or on maternity leave. It’s a minefield. So, how do you keep…

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April 17, 2020

Furlough Scheme Cut-off Extended to 19 March

On 15 April 2020, the Government issued detailed guidance on how employers can claim ‘furlough’ pay for employees who are temporarily not working. This included an extension to the furlough scheme cut-off date. The date at which employees must be on their employer’s payroll to qualify, has been pushed back from 29 February 2020 to…

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April 6, 2020

Ministry of Defence calls up 3,000 Reservists in Response to Coronavirus Crisis

Call up: what happens when the MOD needs your reservists? The  Ministry of Defence (MOD) has announced that it is calling up 3,000 military reservists with ‘specialist skills’ in order to bolster the fight against Coronavirus / COVID- 19. Many employers will be asking what their responsibilities are and what help is available when the…

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March 26, 2020

FAQs: Statutory Sick Pay for Coronavirus / COVID-19

The Department for Work and Pensions confirmed that  Statutory Sick Pay (SSP) will be paid to all qualifying employees from day one for Covid-19 / Coronavirus related sickness, including self-isolating. This took effect from 13 March 2020 and the measure will last for at least eight months. The emergency legislation (2020 no 287) was passed…

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March 13, 2020

Business Implications of Budget 2020

Did you watch it? Chancellor Rishi Sunak announced his first budget on 11 March 2020. So, what’s changed? And what are the business implications of budget 2020? Read on to find out. What’s Changing for Businesses? Business rates in England will be abolished for firms in the retail, leisure and hospitality sectors with a rateable…

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February 27, 2020

IR35 and Off-Payroll Working: What’s the Difference?

When the imminent changes to off-payroll working were first introduced, I have to admit, there was a lot of terminology to take in. One article would refer to the changes as IR35. Whereas other articles would described it as off-payroll working. This led to some debate amongst Moorepay colleagues. We were of course keen to…

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