For the 3rd time this financial year there are changes in the way National Insurance is calculated for both employees and employers. The percentage increase implemented at the start of the financial year has now been reversed. From 6 November instead of paying 13.25% in National Insurance Employees will now pay 12% and instead of […]
Increase to the National Insurance Threshold
From 6th July 2022 the NI threshold will rise by £2,690 from £9,880 to £12,570, bringing the NICs and income tax thresholds into line for the first time. This means that employees will be able to earn more before they start to pay NI.For company directors the changing threshold means that £11,901 is the optimum […]
SPRING STATEMENT MARCH 2022
Rishi Sunak made the spring Statement today, a summary is below:Fuel costs: a temporary cut in fuel duty from tonight of 5p per litre. This will save about £3 per week off of an average family car tank of fuel according to RAC.The national insurance threshold for employees will rise to £12,570 from July , […]
REBRAND – MARSLAND NASH PAYROLL
The Marsland Nash payroll department is rebranding as a separate business – Marsland Nash Payroll. We feel that by doing this we will be able to offer a better overall service to our payroll clients both new and old.Payroll and PAYE has really evolved over the last decade which means payroll processing is not just […]
SOUTH WEST BUSINESS EXPO 2022 – TUESDAY 5 APRIL 2022
Marsland Nash Payroll are proud to announce that we will be exhibiting at the South West Business Expo 2022 at Westpoint, Exeter. Come down and visit us on stand 308 and have a detailed chat with our experts about how we can relieve the pressures of managing your workforce and ensuring full compliance within the […]
ADVISORY FUEL RATE FOR COMPANY CARS
These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 March 2022. Where there has been a change the previous rate is shown in brackets.Engine SizePetrolDieselLPG1400cc or less13p8p (9p)1600cc or less11p1401cc to 2000cc15p10p1601cc to 2000cc13pOver 2000cc22p16p15pNote that for hybrid cars you must use the petrol or diesel rate. You […]
