Hiring your first employee in the UK is an exciting step in growing your business. However, it also comes with a range of legal and administrative responsibilities that you must adhere to. To ensure a smooth onboarding process for both you and your new employee, it’s crucial to follow a comprehensive checklist that covers payroll, […]
Hiring Your First Employee in the UK: A Comprehensive Checklist Read More »
Offering competitive employee benefits is a powerful tool for attracting and retaining top talent. One often underestimated benefit is a well-structured pension plan. In the UK, auto-enrolment requirements mandate employers to provide a workplace pension scheme, but going beyond the minimum requirements can make pensions a standout employee benefit. In this article, we will explore
It’s time to transform pensions into valuable assets Read More »
In the dynamic landscape of business, staying ahead of the curve is not just an advantage—it’s a necessity. For directors navigating the complexities of company finances, one crucial element that cannot be ignored in 2024 is Salary Exchange. Why Salary Exchange Matters in 2024 In the fast-evolving world of business, the significance of Salary
Why business owners can’t ignore Salary Exchange in 2024 Read More »
The 2023-2024 tax year brings pivotal changes to National Insurance contribution rates, impacting both employers and employees. Effective from the 6th of January 2024, these alterations signify a significant reduction in the burden of National Insurance contributions for employees. The rate drops from 12% to 10% for the rest of the tax year. This modification
2023-2024 National Insurance Contribution Rate Cut: What You Need to Know Read More »
Starting Your Salary Exchange Pension with our Husky App. Access to Husky’s Salary Exchange services. You will need us to manage your Workplace pension first, and then you can activate Salary Exchange. Confirm that your employees understand the benefits using the Husky for Everyone app. Accept and sign the agreement and necessary documents provided
Getting started with Salary Exchange Read More »
In the United Kingdom, Self-Invested Personal Pensions (SIPPs) are a popular choice for individuals looking to take control of their retirement savings and investments. SIPPs offer flexibility and a wide range of investment options. But what if you’re an employer who wants to support your employees’ retirement goals by contributing to their SIPPs? This article
Contributing to Your Employee’s SIPP in the UK. What You Need to Know Read More »
Employees worry about higher living costs when things like prices and inflation go up. PwC found that many people in the UK are worried about this and think it’s partly a business problem to solve. Businesses can help by giving their employees tools like loans and money-saving tips. But just giving more money as salaries
How employers can help their company and staff with the cost of living Read More »
Planning for retirement is a crucial aspect of financial security, and understanding the rules and regulations surrounding your workplace pension is essential. In the United Kingdom, workplace pensions are subject to specific guidelines regarding when you can access your savings. In this article, we’ll explore the factors that determine when you can withdraw your workplace
When Can You Withdraw Your Workplace Pension in the UK? Read More »
Selecting a pension provider for your small business is a significant decision that can have a long-lasting impact on your employees’ financial well-being and your company’s compliance with pension regulations. In the UK, auto-enrolment requirements mean that employers must provide a workplace pension scheme for eligible employees. To help you make an informed choice, this
Choosing the Right Pension Provider for Your Small Business. Key Considerations Read More »
Jeremy Hunt’s new childcare plans have sparked concern, especially for parents approaching the £100,000 income mark. This threshold signifies a significant loss of childcare support under the government’s free childcare hours scheme. While Hunt’s expansion of the 30 free hours scheme seems promising for parents of two pre-school children, breaching the £100,000 threshold results in
Maximising Childcare Support: Navigating the £100,000 Earnings Threshold Read More »