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Employment


Using a PAYE Settlement Agreement To Pay Some Of Your Employee’s Tax

PAYE settlement agreements (PSAs) are arrangements under which an employer can settle the income tax and National Insurance liabilities on benefits in kind and expenses payments provided to employees and officeholders. Setting up a PSA avoids passing on an unexpected, and potentially demotivating, tax charge to employees. Where a PSA has been agreed with HMRC, […]

Read more July 12th, 2019

Staff Summer Party Can Be A Tax-Free Benefit

Your organisation may have an annual Christmas party for staff, but the tax rules also allow staff parties at other times of the year which are a tax-free benefit as long as certain conditions are satisfied. The exemption applies to an annual party (e.g. a Christmas party), or similar annual function (e.g. a summer barbecue), […]

Read more July 9th, 2019

Focus On Managing Your Energy, Rather Than Your Time

You can only spend your time in a productive, effective manner if you have enough energy to do so. Most people respond to the increasing demands in their day to day jobs by putting in longer hours. This takes a toll on us physically, mentally and emotionally. Over time this can lead to increasing levels […]

Read more June 21st, 2019

Setting Up A New Hire For Success

No one has a bigger impact on a new employee’s success than the manager who hired them. Here are some tips on how to set your new hires up to succeed. Investing time in onboarding brings new employees up to speed faster, which means they’re more quickly and efficiently able to contribute to the business. […]

Read more June 21st, 2019

Reporting The Issue Of Shares Or Options To Staff

Gifts and awards of shares in companies, often known as employment related securities (ERS) are commonly used by employers to reward, retain or provide incentives to employees. They can be tax advantaged or non-tax advantaged. You must notify HMRC of all new ERS schemes including one-off awards or gifts of shares by 6 July following […]

Read more June 10th, 2019

Managing Difficult People

Managing difficult people can be time-consuming and emotionally draining. You can’t reason with an unreasonable person. However, there is usually some underlying reason that is motivating them to behave in a difficult manner. Try to identify the person’s trigger. What is stopping them from co-operating with you? It may be helpful to set up a […]

Read more May 23rd, 2019

Changes To National Minimum Wage April 2019

National Minimum Wage (NMW) and National Living Wages (NLW) increased from 1 April 2019. Please see the table below for the new rates: Employers should review the ages of employees to ensure they are paid the correct gross pay when carrying out your payroll procedures. At Shapcotts we check an employee’s age as part of […]

Read more April 24th, 2019

Creating A High-Performance Organisation

High-performance organisations stimulate more effective employee involvement and commitment in order to achieve increased profits, improved productivity and higher levels of customer loyalty. We are living in uncertain times. The highest performing businesses will, by their very nature, ride out the storm more effectively than their competitors. So how do you create a high-performance organisation? […]

Read more April 23rd, 2019

New Workplace Pension Limits From 6 April 2019

The amounts that employers and workers will be required to pay into workplace pensions are due to increase from 6 April unless the worker opts out. The new limits will be 5% from the worker and 3% from the employer. The total minimum contribution will therefore increase from the current 5% overall to 8%. In […]

Read more March 12th, 2019

Does money really motive employees?

We all work to get paid but is money alone enough to motivate your employees? Regardless of the type of business you run, you need to pay your employees fairly and in line with your competitors. If you don’t pay your people in line with the market, it can act as a de-motivator. However, once […]

Read more February 25th, 2019