The full Budget document, published after Chancellor George Osborne’s speech to parliament, says: "The government will legislate to amend community amateur sports club (CASC) legislation to ensure it operates as originally intended."
On April 5 2011, The Employment Equality (Repeal of Retirement Age Provisions) Regulations abolished the default retirement age (DRA) –employees may now only be compulsorily retired once they reach 65 if you can objectively justify it.
It is National Payroll week commencing 5th September 2011 and the PP Payroll staff are inviting you to join them for a cup of coffee or tea and, more importantly, lots of cake to celebrate the fact in a series of open days when the PP team will be happy to discuss the benefits of oursourcing your payroll needs.
Congratulations to Kimberly Reed who, having recently passed her latest exams with flying colours, has gained her Payroll Alliance Diploma in Payroll Supervision and is now a qualified Payroll Supervisor adding to the wealth of knowledge and experience in the PP Payroll Department.
Real Time Information (RTI) will collect information about tax and other deductions automatically each time employers run their payroll. Each time an employee is paid this information will automatically be submitted to HMRC.
HMRC has changed many of their tax forms so that they now have to be actually completed on your computer rather than printing them out and then completing by hand. The main CASC forms are now in line with this and have to be completed on the computer before they can be printed out.
According to the Department for Work and Pensions (DWP), around 75,000 employers currently offer no pension provision to their employees. From October 2012 onwards all employers with one worker or more will be required to enrol all eligible jobholders into a workplace pension scheme and make an employer contribution towards it.
Before 6 April 2011 employers making a payment to a former employee after Form P45 had been issued needed to deduct tax at basic rate only. If the employee was a higher rate tax payer, they gained a cash flow advantage as any additional tax would not be accounted for until the employee submitted their tax return for the year.
Today, being the first day of the new tax year, is the day that the various tax thresholds change. Just focusing on net pay difference, if you are a table A national insurance payer and are entitled to the full personal allowance of £7475 with a gross pay of approximately £42,000 or less you will be better off!
HMRC has changed its instructions to employers on how to operate PAYE in some specific circumstances, starting from 2011/12. The information is contained in HMRC’s latest weekly update on employment tax matters, which is circulated to professional bodies to pass on to our members.
The changes relate to the PAYE tax code which HMRC authorises employers to operate in three specific situations:
New regulations have been put in place to provide employees with the right to Additional Paternity Pay (APP) and Additional Paternity Leave (APL) for babies expected on or after 3 April 2011. Equally the partner of a couple who are adopting a child due to be matched on or after 3 April 2011 will also have the right to APP and APL. This entitlement is in addition to the two weeks Statutory Paternity Pay (SPP) and Statutory Paternity Leave (SPL).
Plummer Parsons' sports club specialist Phil Harper will be hosting a free charity seminar at Hastings United Football Club in November in conjunction with Active Sussex and Hastings Council. The seminar is an ideal opportunity for clubs to learn about funding solutions.
It seems as if the problems regarding the PAYE system, and in particular the issuing of incorrect code numbers over the past few years are finally going to be taken up with the "big three" at the top of HMRC.
British Paralympic Association chief executive Phil Lane said disability sports clubs need to be thinking about getting "in the best shape possible to make the most of the interest the Paralympic Games in London will generate".
We are sure you will all be aware of the problems that have been in the news over the past few days relating to incorrect PAYE tax code problems that mean that HM Revenue & Customs (HMRC) believe that some £3.8 billion of tax has been underpaid.
Plummer Parsons' sports club specialist Phil Harper will be hosting a free charity seminar at Eastbourne Borough Football Club in September in conjunction with Active Sussex. The seminar is an ideal opportunity for clubs to learn about funding solutions.
Plummer Parsons who have always had a passion for sport, strongly believe in supporting and promoting local sports and continue by sponsoring the Eastbourne Borough Football Club's 20010/11 season tickets and signage at Priory Lane.
Payroll is a very important and unavoidable part of your business. You may think that printing out a payslip every month is all that there is to it, but that is far from the whole story. You know how unhappy your employees get if their pay is wrong!
From 6 April 2010 the current doctor's 'sick note' will be replaced by the Statement of Fitness for Work or 'fit note'.The 'fit note' aims to focus on what an employee may be able to do at work rather than what they cannot do.
As part of my ongoing Plummer Parsons CASC presentations I have to cover the reasons why the CASC scheme is important. During my research on this area of the scheme I was horrified to discover the UK statistics on obesity.
The two major benefits of registering as a Community Amateur Sports Club (CASCs), are mandatory business rates relief and gift aid. Clubs are entitled to a mandatory 80% business relief, but local authorities can offer up to 100%.
Times are hard, and you may think you don't want to incur the costs of outsourcing. However, sometimes having that additional expense (even when times are hard) can hugely benefit you in terms of time and importantly peace of mind, and other cost savings.
Congratulations to Glynde and Beddingham team, on a day that was absolutely dismal for the English cricket team, who overpowered the Welsh village, to reach the finals of the Village Knockout cup for the first time in the club’s history.
On Tuesday 28 July Neville Beckhurst & Phil Harper attended an England Youth Dance meeting at the Guildhall in Winchester after being invited by Sophie Amstell of Hampshire Dance and the South East’s youth dance strategy manager to talk about the Community Amateur Sports Club scheme.
In April 2009, Mark (one of our Brighton Office mainstays) managed to complete both Paris and London marathons, with times of 3.48 and 3.53, and he would like to give a massive thanks to all those who have supported him and helped him raise a whopping total of £1,500.