Tim Evans

About Tim Evans

Tim Evans is a Fellow Member of the Association of Accounting Technicians, a practising Accountant and Director of The Pay Pod Limited.

Employer Relief on National Insurance 2015/16

Do you or your business employ any staff aged 21 or under? If so, we have good news for you. Reductions in National Insurance (NI) contributions for your 21-year-old and younger staff took effect at the start of this tax year. This was introduced by the Government to encourage businesses to employ more young people [...]

By | 2016-10-14T11:07:16+00:00 March 2nd, 2015|News|0 Comments

Workplace Pension Penalties Issued

The workplace pension scheme is here to stay.  It is not anything like other schemes that have been half-heartedly introduced in days gone by. It is compulsory.  Every employee must be placed in a workplace pension scheme.  This is why it is known as Auto-Enrolment.  If employees wish to opt out, they must do so themselves [...]

By | 2016-02-05T10:17:36+00:00 February 2nd, 2015|Pension Scheme|0 Comments

How The Pay Pod can help you, and how it benefited from the Green Shoots grant scheme.

The Pay Pod is a specialist payroll bureau that has been set up to help businesses and accountants eliminate the stress of Real-Time Information (RTI) and Auto-Enrolment (AE). RTI has been in place since April 2013 and requires employers to submit their PAYE data to HMRC electronically via the internet in real-time every time their [...]

By | 2016-10-14T11:07:16+00:00 December 17th, 2014|News|0 Comments

Christmas Parties, Gifts and Tax Allowances

Employers who want to provide gifts to employees should be aware that these are taxable. Cash presents, such as Christmas bonuses or vouchers redeemable for cash, attract Income Tax and National Insurance contributions that must be paid through the PAYE system. The alternative for employers who want to give, but without a tax charge attached, [...]

By | 2016-10-14T11:07:16+00:00 November 28th, 2014|News|0 Comments

Pension Changes – An Introduction to Workplace Pensions

By 2018, around 1.35 million employers will be required to automatically enrol their workers on workplace pension schemes.  The pension changes are being phased in over a number of years and will see pension contributions shared between employees, employers and the government. The Pensions Regulator has been overseeing monthly staging dates for businesses of different [...]

By | 2016-10-14T11:07:16+00:00 November 13th, 2014|Pension Scheme|0 Comments

Payroll Outsourcing

With the introduction of Real Time Information (RTI) and Auto-Enrolment there is no better time to consider payroll outsourcing.  Below are 10 factors to consider: 1. Cost Big businesses can afford to maintain big payroll departments.  For small businesses, however, an in-house payroll service is a money burner.  If your business has fewer than 20 [...]

By | 2016-10-14T11:07:16+00:00 November 5th, 2014|Payroll|0 Comments