Pension & PAYE News
Pension news often details new developments, rules and regulations related to managing pensions. From state pensions to private pensions there is always something happening in the world of pensions. Read our posts for the latest.
PAYE means Pay as You Earn. PAYE and payroll management is a main service area of Steedman and Company. In our blog we take a look at the latest developments in payroll.
Some important aspects of payroll are:
- Payroll outsourcing: Would you be better outsourcing your payroll management to an external company?
- Payroll deductions: Tax, National Insurance and other deductions taken from earnings.
- Payroll confidentiality: Is your data secure?
- Real Time Information (RTI): The real time relaying of employee information.
If you’d like to get to grips with PAYE have a quick read of some of our articles below to find out more. If you’d like some help with your own PAYE simply get in touch.[/av_one_half]
Pensions & PAYE Posts
As many as 4 million people could be affected by government plans to allow private sector final salary schemes to increase pension payments in line with consumer prices index (CPI).read more
All UK businesses will have to offer company pension schemes by the year 2016, the government has agreed.read more
The implementation of the new national minimum wage starts today. The current rate for workers aged 21 and over goes up from £5.80 per hour to £5.93 per hour.read more
Fraudsters could try to take advantage of the PAYE tax blunder that resulted in millions of tax payers paying the wrong amount of tax, HMRC has warned.read more
Millions of people have paid the wrong amount of tax in the UK, it has been revealed.read more
A think tank has warned that the age people can claim the state pension has to rise to 72 if it is to be in line with the increase in life expectancy.read more
HMRC have had substantial problems implementing a new system to administer PAYE codes, it has emerged via an appendix to the department’s 2009-2010 accounting.read more