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Tax and termination payments

Tax and termination payments

by support@informanagement.co.uk | May 14, 2026 | Employment & Payroll

The tax treatment of termination payments is governed by a detailed set of rules that determine how much is taxable and whether National Insurance contributions apply. The structure of a termination package can have a significant impact on the final tax position for...
Filing deadlines for reporting expenses and benefits

Filing deadlines for reporting expenses and benefits

by support@informanagement.co.uk | Apr 16, 2026 | Employment & Payroll

Employers providing employees with expenses or benefits in kind must comply with specific reporting, filing, and payment obligations each tax year. These requirements are designed to ensure that benefits are correctly reported, and that the appropriate tax and...
Increase in employment costs 2026-27

Increase in employment costs 2026-27

by support@informanagement.co.uk | Apr 13, 2026 | Employment & Payroll

From April 2026, the National Minimum Wage and National Living Wage rates have increased, and businesses should ensure payroll systems are updated immediately so that employees receive the correct statutory pay. These changes apply from the start of the 2026-27 tax...
Employing young people in your business

Employing young people in your business

by support@informanagement.co.uk | Mar 26, 2026 | Employment & Payroll

When a new employee joins your payroll, it is the employer’s responsibility to ensure they are aware of their rights and that the correct tax is deducted from their salary. This responsibility also applies when employing young people in your business.You can employ...
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