If you provide health insurance the premium you pay is a tax deductible expense, however all the employees and directors who receive this benefit will have to pay tax on the value of the benefit.
As an employer you are responsible for ensuring your employees are paid at least the National Minimum Wage. The rates of pay have increased from 6 April 2024 and are shown below.
If you have employees who earn less than 123 pounds per week, do not receive any benefits and do not have another job you do not need to register as an employer and run a PAYE scheme, but
The Autumn Statement last week confirmed that the National Living Wage will rise to
Outsourcing your payroll can free you up from knowing all the rules and regulations around paying your employees but the service you receive can vary.
