Statutory Maternity Pay (SMP) and Rates Explained
A quick start guide to statutory maternity pay including SMP rates, entitlement, record-keeping and reclaiming SMP from HMRC for employers.
Are you looking for a deeper understanding of how payroll works for small businesses? Here you’ll find must-read guides for small business owners and accountants that cover all aspects of payroll such as payslips, RTI submissions, tax codes and statutory maternity pay.
Friendly Disclaimer: Whilst I am an accountant, I’m not your accountant. The information in these guides are legally correct but are for guidance and information purposes only. Everyone’s situation is different and unique so you’ll need to use your own best judgement when applying the advice that I give to your situation. If you are unsure or have a question be sure to contact a qualified professional. I cannot accept responsibility for any losses or penalties you may incur while following the contents.
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A quick start guide to statutory maternity pay including SMP rates, entitlement, record-keeping and reclaiming SMP from HMRC for employers.
Find out more about RTI submissions to HMRC, the information that needs to be sent, the deadlines and how it should be sent.
Find out how to register for as an employer, how the payroll system works and who needs to register for PAYE with HMRC. This guide is applicable if you are the Director of a Limited Company and want to pay yourself tax efficiently as the only employee.
Do you think it’s time to hire your first employee? In this guide I share some tips to help you make that decision including taxes, interviewing and how tomake your hire as effective as possible.
Using the correct PAYE reference is crucial because it lets HMRC know how to allocate the payment you are making. Here’s how you work out your PAYE payment reference. As an employer, using the right payment reference for HMRC PAYE is essential for getting your payments over on time, allocated correctly and avoiding penalties. Why … Read more
Understand your P60 form – a UK tax form created by HMRC and completed by employers. Here, all is explained about the P60 form, what it looks like and why you should keep it safe.
Wondering what is a P45? Or when you get one and what do the parts mean? In this guide, you’ll find out more about when you receive a P45 form, what the information on the different parts show and whether you should give it to your new employer.