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Macalvins > Latest news and blog > Payroll

Payroll

Is your payroll ready for the 2025/26 tax year changes?

Posted on 30 January 202530 January 2025

The new tax year is coming up fast, and with it come some important payroll updates that every employer needs to know about.  

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How the minimum wage increase could impact Student Loan Repayments and Payroll

Posted on 21 January 202521 January 2025

The National Minimum Wage will rise to £12.21 per hour in April, offering a welcome pay boost for many workers.  

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Real-time benefit in kind reporting – What HMRC’s changes mean for your business

Posted on 26 November 202426 November 2024

HM Revenue & Customs (HMRC) is set to overhaul benefit in kind (BiK) reporting, introducing real-time obligations from April 2026.

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Setting up payroll for UK employees

Posted on 25 July 202425 July 2024

Setting up payroll for UK employees can be a complex process, especially for international businesses unfamiliar with the UK’s regulations and requirements.

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Prepare your business finances for the new statutory payment rates

Posted on 5 June 20245 June 2024

The rates have risen for statutory pay such as maternity or sick pay, so ensuring that your business can cover them is vital.

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Accounting for benefits in kind within your payroll process

Posted on 14 May 202414 May 2024

From company cars to private medical insurance and travel expenses to childcare vouchers, benefits in kind (BIK) serve as a great way to remunerate your employees. However, just because they…

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