Lexarox Payroll

𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐚𝐭 𝐟𝐨𝐫 𝐭𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐚𝐜𝐫𝐨𝐬𝐬 𝐛𝐨𝐫𝐝𝐞𝐫𝐬, 𝐩𝐚𝐲𝐫𝐨𝐥𝐥 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐦𝐨𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐱? 🚧 Factors like: ✅ Currency conversion: Managing payments across multiple currencies. ✅ Expatriate tax rules: Ensuring compliance for employees working internationally. ✅ Local regulations: Staying up-to-date with differing labour laws and tax requirements. At Lexarox Payroll, we streamline these challenges for you. Our expertise ensures your payroll runs smoothly, whether your team operates locally or across borders. 👉 Contact us today to see how we simplify payroll for transport businesses. Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #PayrollSolutions #CrossBorderPayroll #TransportIndustry #UKPayrollExperts

Are you expecting a baby or supporting an employee who is? Here's what you need to know about Statutory Maternity Pay (SMP): 📌 𝐄𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲: Employees must earn at least £123 per week and have worked for the same employer for 26 weeks by the 15th week before the baby is due. 📌 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬: Paid for up to 39 weeks: • 90% of average weekly earnings for the first 6 weeks. • £184.03 per week (or 90% of earnings, if lower) for the remaining 33 weeks. 𝐴𝑝𝑝𝑙𝑖𝑐𝑎𝑡𝑖𝑜𝑛: 𝐸𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 𝑚𝑢𝑠𝑡 𝑛𝑜𝑡𝑖𝑓𝑦 𝑡ℎ𝑒𝑖𝑟 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑟 28 𝑑𝑎𝑦𝑠 𝑏𝑒𝑓𝑜𝑟𝑒 𝑡ℎ𝑒𝑦 𝑤𝑖𝑠ℎ 𝑡𝑜 𝑠𝑡𝑎𝑟𝑡 𝑡ℎ𝑒𝑖𝑟 𝑙𝑒𝑎𝑣𝑒 𝑎𝑛𝑑 𝑝𝑟𝑜𝑣𝑖𝑑𝑒 𝑝𝑟𝑜𝑜𝑓 𝑜𝑓 𝑝𝑟𝑒𝑔𝑛𝑎𝑛𝑐𝑦. 👉 Managing SMP can be complex, but we are here to simplify it for you. From calculations to compliance, we've got it covered! Call today for an online consultancy! Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #MaternityPay #PayrollSupport #UKBusiness #LexaroxPayroll

𝐏𝐀𝐘𝐑𝐎𝐋𝐋 𝐂𝐇𝐀𝐋𝐋𝐄𝐍𝐆𝐄𝐒 𝐅𝐎𝐑 𝐓𝐑𝐀𝐍𝐒𝐏𝐎𝐑𝐓 𝐂𝐎𝐌𝐏𝐀𝐍𝐈𝐄𝐒 𝐈𝐍 𝐓𝐇𝐄 𝐔𝐊 Running a transport business comes with unique payroll challenges: • Compliance: Adhering to Working Time Regulations and tracking driver hours. • Variable pay: Managing fluctuating hours, bonuses, and overtime. • Subcontractor management: Handling CIS verifications and deductions. • Statutory pay: Calculating entitlements like sick or maternity pay. • Cross-border operations: Navigating payroll complexities for international drivers. 👉 Solution? At Lexarox Payroll we ensure your business stays compliant, efficient, and stress-free. Let us manage your payroll so you can focus on the road ahead! Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #TransportBusiness #UKPayroll #LexaroxPayroll #EffortlessCompliance

𝐏𝐚𝐲𝐫𝐨𝐥𝐥 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐝𝐨𝐞𝐬𝐧’𝐭 𝐡𝐚𝐯𝐞 𝐭𝐨 𝐛𝐞 𝐚 𝐡𝐞𝐚𝐝𝐚𝐜𝐡𝐞. With frequent legislative updates like Real Living Wage and interest rate adjustments, staying compliant is critical. 👉 Lexarox Payroll ensures your payroll processes align with the latest UK regulations, from student finance deductions to subcontractor verifications. Ready for stress-free payroll? We’re just a click away! Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #payroll #LexaroxPayroll #employer #UKbusiness

Feeling buried under payroll tasks? Do-It-Yourself payroll might save money on the surface, but 𝐡𝐢𝐝𝐝𝐞𝐧 𝐜𝐨𝐬𝐭𝐬 𝐥𝐢𝐤𝐞 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐞𝐫𝐫𝐨𝐫𝐬 𝐚𝐧𝐝 𝐭𝐢𝐦𝐞 𝐬𝐩𝐞𝐧𝐭 𝐫𝐞𝐜𝐨𝐧𝐜𝐢𝐥𝐢𝐧𝐠 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐜𝐚𝐧 𝐡𝐮𝐫𝐭 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬. 👉 At Lexarox Payroll, we handle everything, so you can focus on scaling your business instead of chasing tax codes. Trust us—our expertise is your peace of mind. Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #Payroll #UKBusiness

👉 INFO NEWS. On 7 November 2024, the 𝐁𝐚𝐧𝐤 𝐨𝐟 𝐄𝐧𝐠𝐥𝐚𝐧𝐝’𝐬 𝐌𝐨𝐧𝐞𝐭𝐚𝐫𝐲 𝐏𝐨𝐥𝐢𝐜𝐲 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞 𝐥𝐨𝐰𝐞𝐫𝐞𝐝 𝐭𝐡𝐞 𝐁𝐚𝐧𝐤 𝐑𝐚𝐭𝐞 𝐭𝐨 𝟒.𝟕𝟓%, reflecting progress in reducing inflation, now at 1.7%. Most members supported the 0.25% reduction, while one member voted to keep the rate at 5%. This change will soon affect HMRC’s late payment interest rates, with further updates expected in April next year. Stay informed, as these shifts may impact your financial planning and payroll obligations. Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #InterestRates #PayrollUpdates #UKBusiness #HMRC

At Lexarox Payroll, we pride ourselves on delivering comprehensive payroll solutions tailored FOR SMALL AND MEDIUM BUSINESSES in the UK. From ensuring compliance with changing wage standards to managing subcontractor verification and statutory benefits like Maternity Pay, we cover all your payroll needs. 👉 Our professional team handles the complexities so you can focus on what truly matters. Partner with us for a stress-free payroll experience! Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #PayrollServices #UKBusiness #LexaroxPayroll #Compliance #BusinessSupport

📢 REAL LIVING WAGE UPLIFT: WHAT EMPLOYERS NEED TO KNOW! The Real Living Wage has increased to £12.60 per hour across the UK and £13.85 in London. This is great news for employees, with 475,000 people expected to benefit. Employers are encouraged to update these rates ASAP, but they have up to six months to implement changes. With the National Minimum Wage (NMW) potentially set for an update, we may see it narrow the gap to the Real Living Wage even further. Stay tuned for budget announcements on October 31! #RealLivingWage #PayrollUpdates #UKBusiness

If your business operates within the Construction Industry Scheme (CIS) and works with subcontractors, it's a must to ensure that each subcontractor is verified with HMRC. Failing to do so can lead to penalties or incorrect tax deductions. At Lexarox Payroll, we help you stay compliant by handling your subcontractor verification process, ensuring everything runs smoothly and by the book. 👉 Stay on top of your responsibilities and avoid costly mistakes. Let us manage the details! Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #SubcontractorVerification #PayrollCompliance #LexaroxPayroll #UKBusiness

If you're new to Self Assessment, HMRC provides various resources to help you. Whether you're self-employed or a sole trader, you must submit a tax return by January 31, 2025, for the 2023-2024 tax year. 👉 You'll need to report your income and expenses, and there are tools and guides available to assist. Missing deadlines could lead to penalties, but payment plans are available. If you can't manage it by yourself, just give us a call and we will help you with it! Phone: 0208533 1358 Email: [email protected] Web: www.lexaroxpayroll.co.uk #PayrollServices