Employee Information Archives | Merranti Accounting

Umbrella Company IR35 HMRC

Beware of IR35 traps

July 28, 2021

Where a contractor operates via their own personal services company (PSC), work performed for large or medium-sized clients in the private sector may now fall under the ‘off-payroll working rules. This is a new version of IR35, which requires the end client to decide whether there is a deemed employment relationship for tax purposes with

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company car tax

Company cars – lots of changes!

May 17, 2021

Take extra care when reporting company cars on Form P11D over the coming weeks. For 2020/21, there were significant changes to the percentages that need to be applied to the list price of a car when calculating a benefit, namely: Electric cars now have a zero benefit The percentage for cars up to 50g/km of

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will i get a state pension

Will I get a state pension?

January 27, 2021

Will I get a state pension? Individuals who reach #StatePension Age (SPA) on or after 6 April 2016 need to have accrued 35 complete years of National Insurance Contributions (NIC) to receive the full state pension. To receive any UK state retirement pension, you need at least ten complete NIC years. You can check how

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Working from home

Can I claim working from Home?

January 22, 2021

Where you are required to work at home, your employer can pay you a tax-free allowance of £6 per week (or £26 per month). For periods before 6 April 2020, the tax-free allowance was £4 per week (or £18 per month). This allowance covers the additional costs incurred by using your home as a workplace,

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VAT EU Accountant Brighton Accountant East Grisntead

Brexit – Transistion ending

November 16, 2020

EU Brexit VAT Changes: The UK left the EU on 31 January 2020 but all trading arrangements, including VAT, are held in suspension until the end of the transition period on 31 December 2020. Whatever deal is finally agreed between the EU and the UK government, the EU Brexit VAT Changes rules for UK traders

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Tax Returns - Merranti Accounting

Statutory Sick Pay extended

November 10, 2020

Employers must now operate two parallel systems of Statutory Sick Pay (SSP) for their employees: COVID-19 related SSP and SSP for all other health related matters that prevent employees from working. In both cases, the employee must earn at least £120 per week and have informed their employer of the illness. In general, SSP is

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Merranti Accounting Crawley

Kickstart scheme

November 5, 2020

Under the Kickstart scheme, the government will pay the wages and associated costs of new employees who are aged 16 to 24, and who come directly to you from claiming Universal Credit. The Kickstart grant will cover the employee’s wages at the national minimum wage rate for 25 hours per week, for six months, plus

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The National Living Wage, what does it mean to your business?

February 26, 2016

As of the 1st April 2016 all employers will be required, by law, to pay all of their employees over the age of 25 (that are not in the first year of an apprenticeship) a minimum of £7.20 per hour. Anyone employed under the age of 25 will need to be earning their age appropriate minimum

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Stephen Watts Joins Merranti Accounting

April 1, 2014

We are pleased to announce Stephen Watts has joined Merranti Accounting. Stephen joined in April and will be heading up Merranti Accounting.

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