Tag Archives: Pink Pig HR

What is the Employment Allowance?

What is the employment allowance?

In a nutshell the Employment Allowance is a grant towards your employers National Insurance (Class 1) payments.  For the tax year 21/22 the Employment Allowance is £4000. What is Employers National Insurance Class 1? If your employee earns over the NIC Threshold (currently £8844 for 21/22) then as the employer you will pay National Insurance […]

How to make the most of your 2022 Holiday Allowance

Make the most of 2022 holiday allowance

Did you enjoy our summer? Here’s hoping that those 2 sunny weeks in June wasn’t it – but you never can tell in the UK can you? You may have plans for a UK vacay this year – whether you’re the type to hike yourself up Ben Nevis, catch some surf in Cornwall, or tuck […]

4 Things to think about as you build your business

4 Things to think about as you build your business blog

You’ve made it through your first year, you’ve made some money, overcome a few challenges and are settling into actually being a business owner.  But now what? You’re now in the build phase of your business.  It could be you’re working towards your next goal, you may be taking on your first employee, or looking […]

Increase to National Minimum Wage & National Living Wage for 21/22

National Minimum Wage 21/22

Under the minimum wage legislation, workers must be paid at least the statutory minimum wage for their age. There are two types of minimum wage, the National Living Wage (NLW) and the National Minimum Wage (NMW). From 1 April 2021, as well as the usual annual increases, the age threshold for the National Living Wage […]

Our Payroll Service

our payroll service - paying you and your team

As the shareholder and director of your limited company you will usually also be employed, and take a salary from the business using PAYE (Pay As You Earn).  To do this you’ll need to run payroll, and file a return to HMRC each month. Depending on your circumstances, and if you have other income sources, […]

Can I employ my kids in my limited company?

kid working with laptop

Hands up if you hear “I’m booooooooooored” on repeat 24/7 from the kids during the school holidays?  It can be mutually beneficial for you and your children to get them involved in working for your limited company. Now, of course, we’re not talking about the little little ones. Cute as they are to have around, […]

We do more than just keep the tax man happy!

We’re not merely accountants – we do more than just keeping the tax man happy! Traditional accountants will focus on keeping the tax man happy, but we’re here to partner with our clients and make a real difference.  We want you to spend less time doing boring accounts stuff and more time doing the things […]

National Minimum Wage & Living Wage Increase from 1st April 2020

National Minimum Wage & Living Wage Increase from 2020   From the 1st April 2020 if your employees are on minimum wage or receive the living wage they will be due a payrise.  The new hourly rates are as follows: Date                             […]

Auto Enrolment Contribution Rates Increase from 6th April 2019

The minimum contributions for Auto Enrolment pensions are increasing by law from the 6th April 2019.  As an employer you need to pay a minimum of 3% of your employees salary to their pension, and the total contribution reaching 8% – with your staff making up the rest of the contribution.   As an employer […]

All you need to know about Auto Enrolment

All you need to know about Auto Enrolment Pensions

I’ll warn you now – this is a long one, and quite a lot of information is included – but includes everything you need to know about Auto Enrolment to ensure you are fully compliant. Get a cup of tea and turn off all distractions and we’ll take you through it as simply as possible. […]