This is where members of the Numerus team will post blogs that share their professional expertise. We’ll also keep you up to date with industry news, focussing on what it might mean for you and your business.

LLP members to be put on payroll

8th April 2014

Changes to tax rules will see previously self-employed lawyers and accountants being brought onto PAYE. Salaried Member legislation will mean members of Limited Liability Partnerships (LLPs), whose work conditions closely match that of an employee, will now be treated as such for tax purposes. HMRC was unable to confirm how many individuals will be affected... View Article

Finance Bill 2014 brings in new tax changes

2nd April 2014

The Government has published Finance Bill 2014, legislation implementing tax changes announced last year. The finance bill contains measures which demonstrate government’s commitment to a tax system that delivers its long-term economic plan by helping hardworking households, supporting growth and clamping down on tax avoidance and evasion, including: increasing the tax-free Personal Allowance to £10,000 in... View Article

Budget 2014

20th March 2014

George Osborne presented his Budget 2014 saying it was “a budget for the makers the doers and the savers”, here is a look at the main points that directly affect payroll. Personal tax allowance will reach £10,000 in April 2014 and rise to £10,500 from April 2015 “We will have lifted 3m of the lowest... View Article

Employment Allowance – Save up to £2000 NIC

4th March 2014

Employers could soon save up to £2,000 on their National Insurance contributions (NICs) through a new Government initiative. A new Employment Allowance will be available from 6 April 2014 for eligible employers, allowing them to dramatically reduce Class 1 NICs.* Can I claim? Any business or charity that pays employer Class 1 NICs on employee... View Article