BBC

State Pension Reforms, Direct Earnings Attachments, High Income Child Benefit Charge and Self-Assessment Reminder

By janetl

I think that all payrollers have all made an overpayment to an employee or a group of employees at some time.  Sometimes, that overpayment has gone on for a period of time.  Generally, though, I would say that overpayments are in the minority, probably as a result of good control measures that we put in [...]

Mansion Tax – Not Under the Current Coalition

By janetl

The ‘Mansion Tax’ is a levy on the wealth according to the value of your property.  This could work by making home owners, where the home is worth more than £2 million, pay a 1% annual charge on the balance above that threshold.  However, Prime Minister David Cameron has ruled out any such tax under [...]

Student Loan Early Repayment Charge to be ‘Postponed’

By Ian Holloway

The Government issued a consultation last year concerning proposals to penalise students whose circumstances allow them to repay their loans early.  The existing repayment rules for student loans allow any student, at any time, to pay more than is required under their loan agreement.  The Government’s reforms to the financing of higher education involve: applying [...]

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Payroll Update 2013