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Tax Relief on Pension Contributions

Tax Relief on Pension Contributions

by admin | Oct 9, 2023 | Albert's Knowledge Share, Business, HMRC, Payroll, Pensions

Tax relief is available on contributions to registered pension schemes up to certain limits. There are two different methods by which employers can effectively give tax relief on employee contributions – net pay arrangements and relief at source. The names are...
Covid 19 – The Job Support Scheme

Covid 19 – The Job Support Scheme

by admin | Oct 14, 2020 | Business, Funding, HMRC, Payroll, Self Employed

The Chancellor, Rishi Sunak, announced further changes to the Job Support Scheme (JSS) on Thursday 22nd October 2020, looking to replace the Coronavirus Job Retention Scheme at the end of October.  JSS has been split into two main schemes, one for those employers...
Covid-19 and furloughed workers

Covid-19 and furloughed workers

by admin | Mar 26, 2020 | Albert's Knowledge Share, Business, Funding, HMRC, Payroll, Self Employed

Updated 9th April HMRC will set up a new online portal so that ALL UK employers this month (proposed for launch on 20 April 2020) , regardless of size, will be eligible for assistance where an employee has been designated as a ‘furloughed worker.’ HMRC will reimburse...