What’s happening with Employers’ National Insurance contributions?
The Autumn Budget has dealt a blow to UK employers, with a sharp increase in Employers’ National Insurance (NI) contributions coming into force from April 2025. The rate employers will need to pay rose from 13.8% to 15% while the secondary threshold dropped to £5000, from £9100. With companies already navigating cost pressures and a […]
Payroll Tax Year Changes 2024/25
The new fiscal year has brought about changes to payroll regulations, which demand attention and proactive adjustment to make sure your payroll is compliant, and your staff supported. In this article we delve into the key payroll changes for 2024/2025, ensuring you are informed and prepared, so you can navigate these changes seamlessly. […]
Payrolling of benefits: Time is running out!
Written by Payroll Manager, Rebecca Aimey Employers who would like to formally payroll benefits for the first time, must register with HMRC before 6th April 2024. Time is running out to register! Eight years ago, HMRC introduced the ability for employers to payroll benefits that are classed as a benefit in kind. This has enabled […]
Payrolling of benefits in kind
Written by Gravita Tax Consultant, Tim Palmer, CTA ATT The government made a big announcement on 16th January 2024 stating that payrolling of benefits in kind would become compulsory for employers from 6th April 2026. This will be a huge change! This will bring to an end the need for the submission of P11D […]
Implementing your salary sacrifice via your payroll
Written by Payroll Manager, Rebecca Aimey Introduction In today’s competitive job market, employees are increasingly seeking (and often expect) benefits packages to be paid alongside their salary. Employers, on the other hand, are of course keen to retain and attract talent whilst also maximising tax efficiencies where possible. The salary sacrifice options are an effective […]
Payrolling of benefits – Feeling the pain of collating your P11D data?
Written by Payroll Manager, Rebecca Aimey Employers who would like to formally payroll benefits for the first time, must register with HMRC. Some seven years ago, HMRC introduced the ability for employers to payroll certain benefits that are classed as a benefit in kind. This has enabled a change in the way employees are taxed […]
Video: Direct Payment Schemes (DPNI) – FAQs answered
Meet Rebecca Aimey, Gravita’s Payroll Manager and DPNI expert. At Gravita, we have been helping more and more individuals with DPNI schemes, making sure they meet their payroll and tax obligations. In this short video, Rebecca Aimey shares the answers to those FAQs she gets asked on a daily basis. What is a […]
Are you a UK employee with an overseas employer? Payroll, and when to use a DPNI scheme.
Written by Payroll Manager, Rebecca Aimey In a world where employees can set up their ‘office’ from anywhere and flexible working has become ‘the norm’, at Gravita we are helping more and more individuals to make sure they meet their payroll and tax obligations, where they are now technically deemed to be UK resident, but […]