Brook & Ledger — UK business, markets, and money — for people who read the numbers first.
The tax figures in these examples are illustrative. The Income Tax rate applied will be the rate that applies to the employee, including any applicable devolved Income Tax rates. How to report multiple benefits in kind…
Read moreThe guidance for what to do with your payroll and PAYE reference numbers if your business changes will remain the same. Find out what to do if your business merges or changes ownership, or if you move employees from one…
Read moreWhat the published legislation does This legislation supports the introduction of mandatory payrolling of certain employee benefits in kind from April 2027. Instead of reporting these benefits to HMRC at the end of the…
Read moreIf you’ve made an error related to mandatory payrolling in your Real Time Information ( RTI ) returns for 2027 to 2028, you will not be charged penalties for inaccuracies unless there is evidence of deliberate…
Read morePayrolling employment-related living accommodation Currently, the cash equivalent of an employment-related living accommodation benefit is calculated retrospectively at the end of the tax year using actual obtained…
Read moreInteraction between National Insurance contributions and employee category letters There is no interaction between Class 1A National Insurance contributions and the employee category letters. Class 1A will be reported by…
Read moreHuang has admitted to having an affair with a suspected Chinese spy who was reportedly central to the "foreign intelligence effort". Here are some of the key questions around the story, and its implications for US-China…
Read moreThe company’s board has launched an independent investigation following reports that Huang was targeted by a suspected Chinese intelligence operative, exposing a leadership structure built around the billionaire tech…
Read moreThis question comes after Andy Burnham urged businesses to publish pay details now , ahead of upcoming legislation to make disclosure compulsory. The government argues that greater pay transparency would help jobseekers…
Read moreWhen the Rare Series first launched in April 2026, Diageo launched five limited expressions, led by a 55-year-old Glenury Royal, the oldest single malt ever released by the group, alongside rare bottlings from Talisker…
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