Payments that your employees make through a Payroll Giving Scheme are deducted from their pay before tax is deducted. This means that employees are given tax relief on their donation immediately - and at their highest rate of tax. It's easy to set up a Payroll Giving Scheme for your business. There's little in the way of cost and administration, Continue Reading
Read more
Craigavon Business Forum – New Members Welcome
The 2013/14 season of the Craigavon Business Forum kicks off this Friday (CIDO Innovation Centre, Charlestown Road, Carn) at 7.45am. The forum is now into its 3rd season and has proved a very popular group for owner managed in the Craigavon area. The group aims to provide education and support for local business owners and meets on the last Friday of every Continue Reading
Read more
Zero-hour contracts more widespread than thought
The number of workers on contracts with no guarantee of hours or pay – known as 'zero-hour' contracts – is far more widespread than originally thought, figures from the Chartered Institute of Personnel and Development (CIPD) have revealed. It shows that there could be up to a million UK workers on such contracts– four times more than official Government estimates. Continue Reading
Read more
What is a salary sacrifice?
A salary sacrifice is a voluntary reduction in your salary in exchange for tax-free benefits. These benefits can include: • Child care vouchers • Cycle to work schemes • Bus passes for commuters • Canteen tokens • Staff car parking and vouchers The Government have also launched a consultation into the promotion of payroll giving. The aim is promote the system that allows monthly charitable Continue Reading
Read more