PAYE
This coverage addresses PAYE (Pay As You Earn) issues relevant to the UK retail sector, providing reporting for managers, executives, and business owners overseeing payroll and workforce management. It explores HMRC guidance, changes to PAYE regulations, compliance challenges, and the operational impact on retail businesses — helping professionals navigate tax obligations and maintain efficient payroll practices.
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Jun- 2024 -24 JuneFeatures
How can retail recruitment face down the gig economy threat?
One way of achieving that customer experience is to play to the strengths of physical retail, offering something that the online world will struggle with: the human touch. People buy from people, and the use of brand ambassadors to focus on positive customer experiences, is a win for brand, retailer…
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Oct- 2023 -17 OctoberAdvice
Navigating retail taxation: A comprehensive guide
For retailers in the United Kingdom, understanding and managing retail taxation is paramount to maintaining compliance and financial stability. The UK tax system is complex, with various regulations governing sales tax, income tax, and other related obligations. In this feature, we will provide a comprehensive guide for retailers on how…
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Jul- 2022 -20 JulyOnline & Digital
Amazon UK pays £648m in tax as revenues surpass £23bn
Amazon UK has revealed it paid £648m in directly incurred taxes last year as its revenues surpassed £23bn. As part of an update of its economic impact on the UK economy in 2021, Amazon also revealed that this figure has increased by almost a third in the past year from…
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Jul- 2020 -20 JulyClothing & Shoes
UK retailers call for ‘urgent action’ to end labour exploitation
A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel, to take “urgent action” to address exploitation in the UK’s fashion supply chain. Retailers including George at Asda, Joules, Matalan, Morrisons, Mountain Warehouse, N Brown, Next and The Very Group,…
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Jun- 2020 -16 JuneComment
HMRC – our helpful friend in difficult times?
It is true to say HMRC are showing a fair amount of understanding in these difficult times. They have been asked to put together mechanisms to allow furlough payments and business grants to be claimed. However, it is not surprising that given the time frames the system has not been…
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Apr- 2020 -22 AprilCoronavirus Featured Content
The importance of strategic and empathetic furloughing
We’re hoping that we’re not going to have to furlough. We’re very fortunate in that we are still doing a lot of orders. However, the current uncertainty means that could all change overnight. To that end we’ve got a plan in place. We hope we don’t have to use it…
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16 AprilCoronavirus
Chancellor extends furlough scheme deadline
Chancellor Rishi Sunak has extended the deadline for the Coronavirus Job Retention Scheme after it was found that many people who had recently changed jobs were set to miss out. Under the scheme announced last month, employers can claim a grant covering 80% of the wages for a furloughed employee,…
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15 AprilCoronavirus
HMRC adds new guidance on Coronavirus Job Retention Scheme
HMRC has issued new guidance regarding the Coronavirus Job Retention scheme and clarifies eligibility for those returning from sick leave and TUPE staff. Issued at the end of last week the third update to the scheme has provided clarification on all aspects of sick leave including those returning from maternity…
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9 AprilCoronavirus Featured Content
Coronavirus: furloughed workers and what it means for business
The Coronavirus Job Retention Scheme is designed to help businesses that would otherwise be forced to lay off staff in the face of the unprecedented disruption caused by COVID-19. All businesses with a PAYE scheme in place on 28 February 2020, regardless of size or sector, will be able to…
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Mar- 2020 -27 MarchCoronavirus
What we know about furlough leave and the CJRS
HMRC published details of the Coronavirus Job Retention Scheme (CJRS) on 26.3.20 which are available here: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme Key points include: Employees that employers can claim CJRS for For the purposes of CJRS, the definition of employee would include workers and agency workers provided they are subject to PAYE i.e. this…
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