Latest News

Filtered By Category: Payroll

Sep 6 2019

Our dedicated payroll team are here to support you

Categories: EQ AccountingPayroll

Operating a successful business can be all consuming, and one element that can be overlooked is Payroll. Managing employees’ pay is a time-consuming task and often considered one of the most complex areas of owning a business. Ensuring that everyone employed is paid on time, receives the correct amount, and has appropriate deductions made, is more

Jan 17 2019

Our growing Payroll team could be looking for you

Categories: EQ AccountingPayroll

Our dedicated Payroll team, part of our EQ Accounting department, now deal with 274 payrolls for 2,446 employees. Starting with a team of two payroll administrators, we now operate a team of seven and our client base has more than tripled in recent years. We have achieved this significant growth by making improvements in efficiency, more

Feb 27 2018

National Minimum Wage Rises

Categories: EQ AccountingPayroll

The National Minimum Wage (NMW) or National Living Wage (NLW) rates are increasing from 1 April 2018. Employers need to ensure they are paying their employees at least the appropriate NMW or NLW rate. You can find the new rates in the table below: * introduced and applies from 1 April 2016 **for apprentices under more

Mar 20 2017

Payroll Year End 2017

Categories: EQ AccountingPayroll

With April fast approaching, time should be taken to familiarise yourself with Year End filing procedures and deadlines. HM Revenue & Customs have produced this step-by-step guide to follow. Please follow this link www.gov.uk/payroll-annual-reporting. Our dedicated EQ Accounting department can provide support with adhering to the HM Revenue & Customs requirements. Should you wish to more

Oct 4 2016

Agricultural Wage Scotland – October 2016

Categories: EQ AccountingPayroll

The National Minimum Wage and the Agricultural Wages Order in Scotland have historically been updated with effect from 1 October each year. However, with the introduction of the National Living Wage, which runs on a different calendar cycle, the Government has decided to change the National Minimum Wage timeframe in order to align with the more

Jun 21 2016

Auto-enrolment – Are You Ready?

Categories: EQ AccountingPayroll

Auto-enrolment was introduced for large employers in 2012. The provisions compel employers to register with TPR (www.tpr.gov.uk/registration), and ultimately provide adequate provision for employee pensions through an AE process. Employees can opt out, and certain jobholders can have their inclusion in the process postponed, but the responsibility lies firmly with employers to put proper systems more

Jun 21 2016

Fuel Scale Charges from 1 May 2016

Categories: EQ AccountingPayroll

The VAT Fuel Scale Charge is a simplified way of taxing the private use of car fuel. If you use your business vehicle for private use you can claim all the VAT on road fuel as long as you apply the appropriate fuel scale charge. You will need to know the CO2 emissions rating of more