Employee Benefits

MARCH 6, 2024

As announced in The Spring Budget, National Insurance (NI) is reducing from 10% to 8% from April 2024. A person earning £20,000pa will save £148.60 a year in NI contributions and be able to pay an additional 1.03% of their salary into their workplace pension at no additional cost to them.

Pension 98

Pension Insurance Salary Taxes 98

Employee Benefits

FEBRUARY 2, 2024

National Insurance (NI) is reducing from 12% to 10% from January 2024. A person earning £20,000pa will save £148.60 a year in NI contributions and be able to pay additional 1.06% of their salary into their workplace pension at no additional cost to them. When made into a pension contribution it is worth £212.29

Pension 52

Pension Insurance Salary Taxes 52

Employee Benefits

FEBRUARY 7, 2023

They should be aware that employee National Insurance is not deducted from a redundancy payment. Employees should also consider whether they could end up in a higher rate tax bracket, depending on their income and redundancy pay. There are also plenty of online resources such as GOV.UK

Pension 52

Pension Taxes Finance Salary 52

Vantage Circle

SEPTEMBER 23, 2023

We will give you practical advice, useful information, and the newest trends to help your organization stand out. We will give you practical advice, useful information, and the newest trends to help your organization stand out. In today's tough job market, businesses need to attract and keep the best employees to succeed.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

Empuls

SEPTEMBER 28, 2023

In today's fast-paced world, where the cost of living seems to constantly be on the rise, many employees in the UK find themselves grappling with the challenge of making ends meet. It's no secret that the United Kingdom is renowned for its dynamic job market, diverse culture, and picturesque landscapes. What is a cost of living bonus?

Bonuses 40

Bonuses Employment Transportation Taxes 40