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Demystifying Holiday Pay: What’s Changed in 2024?
Demystifying Holiday Pay - For employers and employees alike, navigating holiday pay calculations can feel like a complex maze. Thankfully, 2024 brought some welcome changes designed to simplify the process, particularly for irregular hours and part-time workers....
Mastering Payroll with Lune Valley Payroll’s Cloud Solution
Mastering Payroll - In today's fast-paced business world, payroll perfection is more than just a necessity; it's the cornerstone of a well-functioning organisation. At Lune Valley Payroll, we understand the importance of timely and accurate payroll processing. That's...
The Benefits of Outsourcing Payroll
Why It's Worth Considering for Your Business In the ever-evolving landscape of business operations, savvy entrepreneurs are continually seeking ways to streamline processes, reduce costs, and enhance efficiency. One area where significant gains can be made is in...
2% reduction in employee National Insurance contributions from 6th January 2024
The government announced that NI rates for millions of working people in the UK will reduce in 2024 to help with the cost of living crisis. These changes will take effect on the 6th of January for employees and from the 6th of April for those who are self-employed....
Largest ever increase in cash terms to the National Minimum Wage and the National Living Wage
From the 1st April, both the National Minimum Wage (NMW) and the National Living Wage (NLW) will increase. The government accepted the Low Pay Commission’s recommendations for the NMW/NLW to be applied in full for pay periods starting on or after 1st April 2024. The...