by VelocityAS | Sep 6, 2021 | Business, Employment, National Insurance
You may be able to benefit from funding under the Kickstart Scheme if you are looking to create new jobs for young people. Information on the scheme can be found in the Kickstart Scheme Employer Prospectus. Nature of the scheme The scheme aims to create jobs for young... 
by VelocityAS | Sep 6, 2021 | Business, Employment
The Government have recently named and shamed well-known employers who have fallen foul of the National Minimum Wage legislation. They have also published a list of ‘outrageous excuses’ cited by employers who have failed to pay the minimum wage. Legal requirement to... 
by VelocityAS | Sep 6, 2021 | Accounting, Business, COVID-19, Employment, HMRC, PAYE, Payroll
The recent ‘pingdemic’ has resulted in large numbers of employees self-isolating. Where an employee meets the qualifying conditions, you must pay them SSP while they are self-isolating. As qualifying periods of self-isolation count as a Coronavirus-absence, if you are... 
by VelocityAS | Aug 2, 2021 | Business, COVID-19, Employment, Tax
Now that the ‘work from home if you can’ guidance has been lifted, employees are returning to the office. If, following their return, you allow employees to keep their homeworking equipment for personal use, there may be tax consequences to consider. Employer-provided... 
by VelocityAS | Aug 2, 2021 | Business, Employment
If you take on temporary staff over the summer, you will need to pay them at least the National Living or Minimum Wage appropriate to their age. Workers aged 23 and over Workers aged 23 and over are entitled to be paid at least the National Living Wage (NLW). This is... 
by VelocityAS | Jul 2, 2021 | Employment, National Insurance, Tax, Tax Relief
A new relief has been introduced for employers of armed forces veterans which allows them to benefit from a zero rate of secondary National Insurance contributions on the earnings of the veteran up to a new upper secondary threshold. However, while the relief applies... 