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The Terms are related to terms used in HR and Payroll so whenever you need to fill up a form for your Tax return, Child Care allowance, or Child Benefit, you will know what you do.The terms follows the Laws in United Kingdom.

Category: Law

10 Terms

Created by: Cornely

Number of Blossarys: 3

My Terms
Collected Terms

Federal Unemployment Tax Act (FUTA) tax is a payroll or employment tax paid solely by the employer. While the FUTA tax is paid by the employer, it is based on each employee's wages or salary.

Domain: Accounting; Category: Payroll

SUTA The State Unemployment Tax Act, describes state unemployment taxes imposed on employers. The majority of employers are responsible for paying federal and state unemployment taxes. Employers are ...

Domain: Accounting; Category: Payroll

If you start working for yourself, you're classed as a sole trader - even if you've not yet told HM Revenue and Customs. You must register and follow rules for self-employed tax and National ...

Domain: Accounting; Category: General accounting

The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry.

Domain: Accounting; Category: Payroll

Employees can ask their Employer for Statutory Additional Paternity Leave and Pay if their partner returns to work before the end of their maternity (or adoption) leave or pay period

Domain: Accounting; Category: General accounting

When your wife, partner or civil partner gives birth or adopts a child, you may be entitled to Ordinary Statutory Paternity Pay (OSPP)

Domain: Accounting; Category: General accounting

Eligible employees can take up to 52 weeks Statutory Adoption Leave. The first 26 weeks is known as 'Ordinary Adoption Leave', the last 26 weeks as 'Additional Adoption Leave

Domain: Accounting; Category: Payroll

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