OUR SOLUTIONS
We advise employers in a number of related areas around employees, employment tax issues and employee benefits. In several of these areas, we have developed innovative software interventions which solve real problems for employers.
Please click below for more information on each solution.
NEWS
See below for our most recent news, articles and reports
More about the NIC increases
I’ve heard it pointed out several times over the last two days that NIC “isn’t a tax”. Whatever was intended when it was introduced, it’s now levied on broadly the same earnings in broadly the same way to pay for broadly the same things. Members of the tax profession...
Increases in NIC rates announced
As widely predicted over the weekend, the Prime Minister is going ahead with his plan to raise NIC to improve funding for Social Care. As you will have seen this amounts to an increase of 1.25% and will apply to BOTH employee and employer NIC effective April 2022 –...
Post code lotteries and personal tax rates
The press love the phrase “post code lottery”. But did you know the tax individuals in the UK pay depends very much on what you are being taxed on and increasingly where you live? In the graphic below we look at the effective tax rate (combining employee income tax...
Scottish personal tax rates explored
Who’d have guessed I lived in a tax haven? I’m no expert on Scottish politics, but it seems some commentators are suggesting the SNP coalition with the Greens may lead to higher taxes. This is maybe a good point to remind us all that the combined effect of income tax...
Charging points and the link to “queuing theory”
I posted recently about the need to look at the (very near) future of electric car ranges before pushing ahead with the charging infrastructure based on current needs. Our resident mathematician Chris Sewell has looked into this a bit more and, using the simplest...
More on falling company cars numbers
In 2010 the average company car emitted 147g/km of CO2, had a scale charge (the List Price x SC%) of £3,865 and the average company car driver had a marginal tax rate of 31.9%. By 2020 the CO2 emissions had fallen by 24% to 111g/km of CO2 and, despite this, the...
CO2 emissions fall as company car numbers fall
Almost exactly as predicted by HRUX two years ago, HMRC confirmed last week that the total number of company cars reported in 2019/20 has fallen to 800,000*, which is down 160,000 since 2016. That’s 160,000 people who’ve moved from a regime where CO2 is tightly...
Wickes choose HRUX for esparx implementation
HRUX is delighted to announce that we’ve been selected by Wickes to implement our esparx communication and workflow solution. Wickes understands the importance of engaging with colleagues and we are excited that we will be part of the Wickes...
How high can tax on an EV company car go before it no longer makes sense?
How high can tax on an EV company car go before it no longer makes sense? How about twenty times higher? Last year the BiK rate was zero, this year it’s 1%, and from next April it’s 2% of the List Price. That is incredibly low, lower than it has ever been. And we...
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Copyright © 2019 HRUX. All Rights Reserved. Privacy Policy | Cookie Policy