News - Ikon Business Solutions

February 2024

01/02/24

Changes to Scottish Income Tax for the 2024-25 Tax Year

Payroll Update following the Scottish Government announcements regarding changes to Scottish Income Tax, which will take effect from 6 April 2024.

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January 2024

24/01/24

Payroll Update - Paternity Leave and Pay Changes

HM Government are making changes to the way Paternity Leave and Pay can be claimed and taken from March 2024.

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November 2023

23/11/23

Payroll Update

Payroll Update following the Autumn 2023 Statement by The Chancellor of the Exchequer, Jeremy Hunt

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May 2023

01/05/23

Payroll Update

Payroll Update for the 2023-24 tax year including latest figures for Income Tax, National Insurance, Statutory Payments, National Minimum Wage, Student Loans

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March 2022

22/03/22

Payroll Update for the 2022-23 Tax Year

Payroll, Wages, Loans, Tax details for the 2022-23 tax year.

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February 2022

21/02/22

Freeports - Employer's National Insurance Relief

Freeports are special areas within the UK’s borders where different economic regulations apply.

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January 2022

11/01/22

An Introduction to Auto Enrolment

Auto enrolment is the process of automatically enrolling eligible employees into a pension scheme.

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December 2021

01/12/21

Rates & Allowances for 2022-2023 Tax Year

Details of changes to rates and allowances for the tax year from 6th April 2022.

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November 2021

17/11/21

PAYE Settlement Agreements

If your business pays minor, irregular or impracticable expenses or benefits for your employees, you may be able to apply for a PSA to cover these items.

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October 2021

29/10/21

Autumn Budget Highlights

Summary of the key points from the Autumn 2021 budget which will affect employees and employers.

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05/10/21

End of the Coronavirus Job Retention Scheme (Furlough)

30th September 2021 was the last day of the furlough scheme which was introduced in March 2020.

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September 2021

28/09/21

Health and Social Care Levy

The Government recently announced the introduction of a new Health and Social care levy/ The revenue raised will go directly to support the NHS and equivalent bodies across the UK.

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15/09/21

Driving your own car for work?

If you drive your own car for work, your employer should re-imburse you a rate per mile driven for business use.

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August 2021

19/08/21

Employment Status - Employed or Self-employed?

There is currently a lot of scrutiny from HMRC around employment status, and whether employers are using the correct status for their workers.

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July 2021

12/07/21

Lost Pension?

Have you paid into a pension scheme with a previous employer, and lost track of who it is with?

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05/07/21

Personal Tax Account

Have you signed up for a Personal Tax Account with HMRC yet?

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June 2021

14/06/21

P11Ds

A P11D form is required for each employee or director who has received any taxable expenses or benefits from their employer in the tax year

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May 2021

21/05/21

EU Settlement Scheme

Do you employ anyone from the EU? The employee must take action now in order to continue to be able to live and work in the UK

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20/05/21

Employer’s National Insurance relief for employing veterans

From April 2021, employers will be able to claim Employer’s National Insurance relief for every veteran they employ

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19/05/21

HMRC Scam Messages

Please be aware of scam messages which look like they have come from HMRC

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18/05/21

Marriage Tax Allowance

Are you claiming your marriage tax allowance? You could save up to £252* in this tax year

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17/05/21

Tax relief for working from home

HMRC announced recently that employees working from home for just one day can claim tax relief for the whole of the 2021/22 tax year

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