What is the 13th month salary? When dealing with international payroll, you will undoubtedly encounter terms such as ‘Christmas bonus’, ‘year-end bonus’ and ‘holiday pay’. However, the concept of a 13th month payment may be unfamiliar to some; particularly those based in the UK and USA. While many private-sector companies may offer discretionary, performance-based bonuses, in …
2023 UK Payroll changes It’s almost April 6th, and that means new UK tax laws and regulations are on the way in the UK. But don’t worry, we’ve got your back! We’ve compiled a list of the most significant changes we’ve heard about so far to help you prepare for the upcoming tax year. National …
A question we get asked a lot by our clients is the types of payment that they need to pay when terminating in the UK. Below is a brief guide to termination pay in the UK: Pay in Lieu of notice There are situations where an employer might want to dismiss an employee without having …