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tax year update 2023/24

Tax year 2023/24 update

The new tax year starts on the 6th of April 2023. See below an update on the key changes regarding workplace pensions and...
mini budget 2022

Mini-budget 2022 Overview

The Chancellor announced significant tax changes and cuts on the 23rd of September 2022 with some of them already starting this year. We...
man in suit with hand on head

Complete your declaration of compliance and avoid future fines from TPR

The declaration of compliance is one of the most important documents that you need to complete for TPR. It shows the steps you’ve...
state pension piggy bank

Do you get both the State Pension and a workplace pension?

Yes! You contribute both to the State Pension – if your earnings are above the NI threshold – and your workplace pension, if...
Salary Sacrifice examples and benefits in kind

Salary Sacrifice examples and non-cash benefits

In a Salary Sacrifice scheme (or Salary Exchange), the employee agrees to give up part of their gross salary for a non-cash benefit....
Salary Sacrifice and Salary Exchange for pensions

Do you get tax relief on a Salary Sacrifice pension?

Taxpayers get tax relief on their pension contributions. But tax relief on a Salary Sacrifice scheme works differently compared to a workplace pension....
Employer pension contributions

Employer pension contributions: how much should they pay into my pension?

Employers pay into your pension the set minimum contributions required by law, or more if they wish so. This requirement is set by...
payroll for small businesses

Husky’s payroll service for small businesses

Every business with employees handles payroll, some outsource this task and some manage it internally. Payroll is often offered as part of accounting...
defined contributions

What is a defined contribution pension?

A defined contribution pension is a type of private pension used in a workplace pension or a personal one. Private pensions can be...

Tax year update for 2022/23

There are important changes coming up in the next tax year, starting on the 6th of April 2022.  National Insurance thresholds are changing.National...
benefits of salary sacrifice

The Benefits of Salary Sacrifice

Salary Sacrifice or Salary Exchange is an arrangement between the employer and the employee, where the employee agrees to give up a portion...
auto enrolment - the basics for employees

Auto-enrolment: the basics for employees

Having a retirement plan in place before the time comes is wise for your peace of mind. To do that, you need to...
defined benefit pension

What is a defined benefit pension?

It is important that people are aware of the type of workplace pension pot they’re saving in because a defined contribution pension scheme...
Tax traps and how to transform them

Income tax traps and how to transform them

Article written by Matt Coppin, Wealth Management Adviser There are situations in which the UK’s complex tax system leaves employees paying very different...

Understanding payroll for a small business

Payroll is one of the most important aspects of running a business. You need to pay your employees their salary and on time....
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