It is the time of year when employers are considering paying bonuses to their employees but many do not realise the implications of either not putting it through the payroll or committing to paying a net pay amount.

You may think that outsourcing your payroll is too costly but have you considered the benefits and the savings you would make. Here are just 4 of them.

The Coronavirus Job Retention Scheme changes from 1 July 2021 with employers needing to top up wages by 10% for July.

Some employers like to give a bonus as recognition of a good job done and forget to take into consideration that it is taxable income. A bonus, whether paid in cash or electronically is earnings as you are giving your employee payment in appreciation…

From April 2021 employers who take on a veteran of the Armed Forces will not have to pay Employers National Insurance Contributions (NICs) for the first 12 months of their employment.