What are white label services? White labelling is when a product or service is constructed by one company and authorised accessed to be used by another company. This usually for a fee, however this is not always the case. They are specifically targeted to be used by third parties or markets. Why would you use...
What does Benefits in Kind mean? Benefits in kind are the benefits an employee receives from their organisation that aren’t included in their salary. They can be either assets or services and are personally used by an employee but paid for by the company. Some of these benefits can be taxable and non-taxable. The benefits...
What is Whistleblowing? Whistleblowing is the term used to describe an employee who reports unlawful acts committed by the organisation that they work for. Some examples of this include; fraud within the organisation, staff that appear to be covering up wrongdoings e.g., breaking the law, risk to health and safety, risk/harm to the working environment...
What is Long Covid-19? Long Covid-19 refers to the symptoms caused by Covid-19 that appear to last longer than weeks or many months even after the infection has gone. This is also known as post Covid-19 syndrome. Conversely, no two people have the same experience of symptoms, 3 people with long covid-19 can all have...
What’s it about? The last year has been a difficult time for all businesses across the UK, the economy has fell the lowest yet in decades due to COVID-19. However, the government have set up a recovery loan scheme to get businesses of any size back on its feet. The scheme supports finance for UK...
What is NMW? The National Minimum wage is the minimum a worker in the UK is entitled to dependant on age. They were originally enforced in April 1999 to ensure workers in the UK are paid fairly and to increase efficiency in the UK labour market. The rates are evaluated annually by the government, the...
In less than a month, new IR35 tax changes will come into force in the private sector, meaning some self-employed workers – and the businesses that hire them – will have to pay tax differently. Here, we explain what the IR35 rules are, and who may be affected by the changes starting from April 2021....
What’s going on? The CIPD, also (The chartered institute of personnel and development) which are a human resource management company have found that for the first time since the start of the pandemic, there was a positive outlook on employability. Over half of 2000 firms CIPD surveyed stated that they plan to hire more people...
What is it? You are required to pay national insurance in the UK if you are over the age of 16 and earn more than £184 per week, or are self-employed and earn a profit of £6515 per annum. You must have a national insurance number to be able to make contributions- this usually arrives...
What does RTI mean? Real time information (RTI) was introduced In April 2012 by HMRC but only became compulsory for employers to report in real time by April 2013. Employers must submit an RTI to HMRC every time you pay your employees, whether it be weekly, bi-weekly or monthly. There are two types of submissions...