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Updating PAYE codes for 2021/22

Updating PAYE codes for 2021/22

by VelocityAS | Mar 1, 2021 | Business, Employment, HMRC, PAYE, Payroll, Tax

The 2021/22 tax year starts on 6 April 2021. If you employ staff, you will need to update their tax codes before you pay them for the first time in the new tax year. However, remember to finalise the 2020/21 tax year before updating your payroll software and data for...
National Minimum Wage changes from 1 April 2021

National Minimum Wage changes from 1 April 2021

by VelocityAS | Feb 1, 2021 | Business, Employment

You must pay employees at least the statutory minimum wage, either the National Living Wage (NLW) or the National Minimum Wage (NMW), depending on the employee’s age. From 1 April 2021, the age threshold for payment of the NLW is lowered and the rates of the NLW and...

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  • MTD for corporation tax
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