With the tax year over, your payroll team is no doubt busy
finishing off the usual year end employer obligations. However, in
addition to the traditional payroll jobs of completing the P60's
and P11D's there are a wide variety of other year-end tax
considerations, with seemingly more introduced every year.
As of 1 April 2016 the Government's new mandatory National
Living Wage ("NLW") came into force. Employers will need to ensure
that workers are being paid the correct rate. Penalties for
non-compliance will be enforced as strongly as the current National
Minimum Wage ("NMW").