From 1 April 2026 the National Minimum and National Living Wage rates increase. These are the minimum legally allowed amount you can pay your employees and are dependent on their age and whether they are in their first year of apprenticeship.
If you are an employer you should be aware that from 6 April 2026 new rules apply for paying Statutory Sick Pay to employees.
HMRC are replacing reporting of employee expenses and benefits on a P11d after the end of each tax year. From April 2026 it will be mandatory to report
One aspect of your business to consider outsourcing is payroll. Payroll becomes more complex each year with new rules and regulations to know and remember.
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.