Employment Tax
Taxes and National Insurance levied on employment accounts for approaching half of all UK tax revenues. Taxing employment is huge business for the exchequer. The vast bulk of these taxes are self assessed by employers and collected on HMRCs behalf. Despite this we have some of the most complex rules in the world backed up with aggressive penalties for non compliance. Ignorance, we are told is not an excuse.
We have over 40 years combined experience advising in this space.
HRUX have a driven desire to deliver clear and independent advice to our clients. If you have any questions about the areas below, or concerns on your policy/ procedures in these areas, get in touch.
IR35 and the new regime from April 2021
P11D
Payment in Lieu Of Notice (PILONS)
PSA
Payroll audits
Salary sacrifice and OpRA
Expenses audits
Are you due an HRMC inspection visit?
LATEST NEWS
How many cars didn’t sell in 2020 and 2021?
1.5 million cars. You could argue that’s how many DIDN’T sell in the UK in 2020 and 2021. This is comparing the average of 2.4m for the three preceding years to the 1.6m registered in both 2020 and 2021. If we assume the cars we didn’t buy cost an average of £30,000...
Cars Registered in December
26% of all new cars registered in December were fully electric. I've read a lot about this on this forum, with a lot of commentators hailing it as the new normal. And it is good news. But is it the new normal? in my post on the subject, I started with the line...
A look into the cars registered in 2021
Clearly we need to be careful reading too much into 2021 UK new car registrations given the crazy year we’ve just had. A combination of COVID and chip shortages meant that overall only 1.65m cars were registered, slightly up on 2020 but well short of “normal”. In...
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Copyright © 2019 HRUX. All Rights Reserved. Privacy Policy | Cookie Policy