The 1.25 percentage point rise in National Insurance will be reversed from 6th November 2022, the Chancellor Kwasi Kwarteng has announced 22nd September 2022 April’s National Insurance increase to be reversed from November 2022 - delivering one key Prime minister pledge to cut tax burden and promote economic growth Health and Social Care Levy will … Continue reading 3rd National Insurance change confirmed for 6th November 2022
Legislation update 2023 for payroll
Following the successful Legislation update for 2021 and then 2022 for payroll by PAYadvice.UK with 20 thousand hits and downloads since its launch at the beginning of 2021 - PAYadvice.UK are constructing its PAYadvice Series Legislation Update 2023 for payroll. We believe that PAYadvice was the first organisation in the UK to bring together the … Continue reading Legislation update 2023 for payroll
When we challenge discrimination and progress gender equality, everybody benefits
Statement by Richard Croker, UK Ambassador to the General Assembly, at the Third Committee meeting on advancement of women. Thank you Mr Chair, Multiple and interconnected barriers are preventing women and girls from reaching their full potential. Where women and girls are unable to reach their potential, whole countries suffer. We know that when we … Continue reading When we challenge discrimination and progress gender equality, everybody benefits
Teenagers missing out on a stash of cash
Teenagers could have an average of £2,100 in their Child Trust Fund savings account waiting to be claimed. HM Revenue and Customs (HMRC) are reminding Tens of thousands of teenagers who have not yet claimed their matured Child Trust Funds savings could have thousands of pounds waiting for them. Child Trust Funds are long-term savings … Continue reading Teenagers missing out on a stash of cash
New Pensions Minister – Alex Burghart
Alex Burghart was appointed as Parliamentary Under Secretary of State for the Department for Work and Pensions on 20th September 2022. He was previously appointed as a Parliamentary Under Secretary of State at the Department for Education from 16th September 2021 to 6th July 2022. Alex was elected as Conservative MP for Brentwood and Ongar … Continue reading New Pensions Minister – Alex Burghart
Over eight million households to receive second Cost of Living Payment from 8th November 2022
The £324 Cost of Living Payment, which follows on from a £326 payment made from July, is part of £1,200 support package for millions this year The £150 Disability Cost of Living Payment was provided in September, with a £300 additional pensioner payment to come in the Winter Millions of households across the UK will … Continue reading Over eight million households to receive second Cost of Living Payment from 8th November 2022
Prisoners start as apprentices
Prisoners at open prisons in England are to start high-quality apprenticeships at big name employers thanks to change in law and the Government's skills agenda. For the first time ever, those behind bars will embark on dedicated on-the-job learning programmes that have a direct route into work with leading employers on release that will keep … Continue reading Prisoners start as apprentices
Additional Rate tax update
The Chancellor confirmed an update to plans for the Additional Rate tax on the morning of 3rd October 2022. “From supporting British business to lowering the tax burden for the lowest paid, our Growth Plan sets out a new approach to build a more prosperous economy. However, it is clear that the abolition of the … Continue reading Additional Rate tax update
New Royal Cypher for King Charles III
The first letters have been franked with the new cypher of The King in the Court Post Office at Buckingham Palace 27th September 2022. The cypher is the Monarch’s monogram, consisting of the initial of their name combined with an ‘R’ for Rex (Latin for King) or Regina (Latin for Queen). The first franking stamp … Continue reading New Royal Cypher for King Charles III
The Pension Regulator publishes new compliance and enforcement bulletin
TPR is warning employers to ensure they are complying with their ongoing automatic enrolment duties after inspections carried out earlier this year found a number of errors. The alert to employers comes as TPR publish its latest compliance and enforcement bulletin, showing how many times TPR has used its automatic enrolment and frontline regulation powers … Continue reading The Pension Regulator publishes new compliance and enforcement bulletin
Stoptober launches to give smokers the confidence to quit
Launch of Stoptober encourages thousands of smokers to quit the habit this October Smoking remains the single biggest cause of preventable illness and death in England People are 5 times more likely to quit for good if they can make it to at least 28 days smoke free A new film has been released featuring … Continue reading Stoptober launches to give smokers the confidence to quit
Administrative Earnings Threshold to rise for Universal Credit Jobseekers
Around 114,000 people on Universal Credit will be supported to increase their pay while getting access to more one-on-one time with a Work Coach. Workers on low incomes will be able to earn more and still receive intensive support. The changes will bring tens of thousands of claimants of all ages across Great Britain into … Continue reading Administrative Earnings Threshold to rise for Universal Credit Jobseekers
Growth Plan implementation update
An update on next steps following the Growth Plan which the Chancellor set out on 23 September. Friday 23rd September 2023, the Chancellor of the Exchequer, the Rt Hon Kwasi Kwarteng MP, set out how the government would fulfil its commitment to cut taxes for people and businesses and announced wider supply side policies to … Continue reading Growth Plan implementation update
A hand-up for start-ups: 33,000 new loans for small businesses
Start Up Loans of up to £25,000 now available to start-ups that have been trading for up to three years, up from two years New ‘second loans’ available for businesses that have been trading for up to five years Loans to provide much-needed support for the UK’s innovators and entrepreneurs An £884m loan scheme for … Continue reading A hand-up for start-ups: 33,000 new loans for small businesses
The Growth Plan 2022 speech
The Growth Plan 2022 speech as delivered by Chancellor Kwasi Kwarteng. Mr Speaker, Let me start directly with the issue most worrying the British people – the cost of energy. People will have seen the horrors of Putin’s illegal invasion of Ukraine. They will have heard reports that their already-expensive energy bills could reach as … Continue reading The Growth Plan 2022 speech
IR35 Off payroll working rules repealed from 6th April 2023
As part of the Chancellors Growth Plan 2022 speech: Mr Speaker, we can also simplify the IR35 rules – and we will. In practice, reforms to off-payroll working have added unnecessary complexity and cost for many businesses. So, as promised by My RHF the Prime Minister, we will repeal the 2017 and 2021 reforms. Of … Continue reading IR35 Off payroll working rules repealed from 6th April 2023
Company Share Option Plan (CSOP) limits doubled
Growth Plan – a package of measures to deliver a pro-growth, simplified tax system that supports business investment across the United Kingdom, and allows people to keep more of their own money. One is changes to the Company Share Option plan (CSOP) scheme – increasing the employee share option limit from £30,000 to £60,000 and … Continue reading Company Share Option Plan (CSOP) limits doubled
The Growth Plan 2022: Investment Zones
New employer National insurance reliefs to be introduced Similar to Veterans and Freeports, a new investment zone employer NIC relief is proposed requiring change in payroll solutions. Investment Zones Investment Zones are to drive growth and unlock housing across the UK by lowering taxes and liberalising planning frameworks to encourage rapid development and business investment. … Continue reading The Growth Plan 2022: Investment Zones
Reversal of the Health and Social Care Levy
The government is cancelling the Health and Social Care Levy – initially introduced via a 1.25 percentage point rise in National Insurance contributions (NICs) - which took effect in April 2022. This is delivered in two parts: The reduction of National Insurance rates from 6th November 2022, in effect removing the temporary 1.25 percentage point … Continue reading Reversal of the Health and Social Care Levy
Tax cuts planned for April 2023
Chancellor announces new Growth Plan with biggest package of tax cuts in generations The government has announced that the planned 1% point cut to the Basic Rate is to be brought forward by 12 months to next April. To allow people to keep more of their money, the Basic Rate of Income Tax will now … Continue reading Tax cuts planned for April 2023
Payroll 2022-23: November changes to NICs
The following has been provided by the HMRC Software Developer Support Team (SDST):- Dear Developer, On 22 September the Government announced changes to National Insurance contributions (NICs) rates and the Health and Social Care Levy (HSCL). Please note that this update is subject to Parliamentary approval. Key measures the Government announcement impacting payroll software developers … Continue reading Payroll 2022-23: November changes to NICs
HMRC late payment interest rates rise
The Bank of England Monetary Policy Committee voted on 22nd September 2022 to increase the Bank of England base rate to 2.25% from 1.75%. HMRC interest rates are linked to the Bank of England base rate. As a consequence of the change in the base rate, HMRC interest rates for late payment and repayment will … Continue reading HMRC late payment interest rates rise
Real Living Wage increases to £10.90 in UK and £11.95 in London
The Living Wage Foundation has announced their new uplifted rates early on Thursday 22nd September 2022, a day ahead of the UK governments fiscal statement. Employers who declare themselves as Living Wage employers usually have 6 months to implement these new rates from the date of announcement, however the deadline has been set as 14th … Continue reading Real Living Wage increases to £10.90 in UK and £11.95 in London
HM Treasury confirm Friday 23rd September 2022 for the mini budget
Subject to the agreement of the House of Commons, On Friday 23rd September, Chancellor Kwai Kwarteng will unveil the Growth Plan to Parliament. PAYadvice.UK 21/9/2022
£150 Disability Cost of Living Payments begin
Six million people who are paid certain disability benefits will begin to receive a one-off payment of £150 from Tuesday 20th September 2020 Payments are part of the government’s wider £37 billion support package, including the Energy Price Guarantee and cost of living payments totalling £650 Those who had confirmed payment of their disability benefit … Continue reading £150 Disability Cost of Living Payments begin
Jersey – Minimum Wage Increase
The Jersey Government has announced that minimum wage is to rise to £10.50 per hour from 1st November 2022. This replaces and enhances the previously planned incremental rise to £10 per hour from 1st October 2022 in advance of a further January 2023 increase, neither of which will now take place. Only enacting one rise … Continue reading Jersey – Minimum Wage Increase
Who is Kwasi Kwarteng?
Chancellor of the Exchequer - The Rt Hon Kwasi Kwarteng MP It is increasingly looking as if the government will hold a mini emergency budget later this week probably on Friday 23rd September before the parliamentary recess. This will be there first for the Liz Truss government and the first for the new Chancellor. What … Continue reading Who is Kwasi Kwarteng?
Mini-budget imminent
Following the state funeral on Monday 19th September 2022, the government are expected to hold a fiscal event or mini -budget to move forward with plans to assist with the cost of living crisis. Increasing indication are that this will take place on Friday 23rd September 2022. There are some likely areas of payroll impact … Continue reading Mini-budget imminent
The National Cyber Security Centre warns about potential scams during the period of national mourning.
During this period following the death of Her Majesty the Queen, including her Lying-in-State and State Funeral, there may be an increase in phishing emails and other scams. What is phishing? 'Phishing' is when criminals use scam emails, text messages or phone calls to trick their victims. The aim is often to make you visit … Continue reading The National Cyber Security Centre warns about potential scams during the period of national mourning.
Benefits and credits to be paid early ahead of Her Majesty Queen Elizabeth II’s State Funeral
The government has confirmed that payments of benefits normally due in accounts on Monday 19th September 2022 will be made early. Those expecting to receive benefits and credits on Monday 19th September 2022 will be paid early Benefits and credits will be paid on Friday 16th September 2022, the last working day before the recently … Continue reading Benefits and credits to be paid early ahead of Her Majesty Queen Elizabeth II’s State Funeral
National Moment of Reflection
The National Moment of Reflection will take place at 8pm on Sunday 18th September 2022. The public have been invited to take part in a National Moment of Reflection to mourn the passing of Her Majesty Queen Elizabeth II and reflect on her life and legacy. The National Moment of Reflection will take place at … Continue reading National Moment of Reflection
PAY.UK Confirm Monday 19th September 2022 as a non-payment processing date for BACS
From: Pay.UK Enquiries <Enquiries@wearepay.uk> Sent: 12 September 2022 16:43To: PAYadvice.U.K.Subject: RE: External : Bank Holiday 19th September 2022 Good afternoon, We are deeply saddened by the death of Her Majesty the Queen and we send our sincerest condolences to all those who are mourning this upsetting news. A bank holiday for the state funeral of … Continue reading PAY.UK Confirm Monday 19th September 2022 as a non-payment processing date for BACS
Fraud warning as new academic year approaches
The Student Loans Company (SLC) is urging students to be aware of fraud and phishing scams as the new academic year starts. They will pay more than £2billion to 2 million students over the coming weeks and reminding students to be vigilant. As payments make their way, the company is warning Freshers and returning students … Continue reading Fraud warning as new academic year approaches
19th September 2022 confirmed as State Funeral and Bank Holiday
The department for Business Enterprise and Industrial Strategy have issued the following information and guidance. Monday 19th September 2022 will be a bank holiday to coincide with Her Majesty Queen Elizabeth II’s State Funeral bank holiday to mark the last day of the period of national mourning Monday 19th September 2022, the date of Her … Continue reading 19th September 2022 confirmed as State Funeral and Bank Holiday
State funeral will be a public holiday
King Charles III has approved, at the ceremony St James palace proclaiming him as monarch, a bank holiday across the United Kingdom for the day of the funeral of his mother Queen Elizabeth II. The date of the Funeral is yet to be confirmed but it is believed to take place ten days after the … Continue reading State funeral will be a public holiday
Flag flying guidance following the death of Her Majesty The Queen
The following guidance has been issued in relation to Flag flying during this period of mourning. Following the death of Her Majesty The Queen, all official flags, including the Union Flag, should be half-masted. Following the death of Her Majesty The Queen, all official flags, including the Union Flag, should be half-masted from as soon … Continue reading Flag flying guidance following the death of Her Majesty The Queen
Queen Elizabeth II (1926 – 2022)
It is with great sadness to hear the message issued at Buckingham Palace Thursday 9th September 2022: The Queen died peacefully at Balmoral this afternoon. The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow. Mourning and Condolence arrangements at the Royal Residences
Approved Mileage Allowance Payments error
HMRC’s Income Tax Policy Team has indicated that over the last 6 months, both HMRC & HM Treasury have received a large number of queries relating to Approved Mileage Allowance Payments (AMAPs), which may be paid to employees free of tax and NI for any business miles travel they do in their own vehicle (not … Continue reading Approved Mileage Allowance Payments error
Uprated real Living Wage rate imminent
The Living Wage Foundation has brought forward the announcement of the new Living Wage Rates (and London Living Wage rate from its tradition November announcement point at the beginning of the Living Wage week, to the earlier date of 22nd September 2022 as part of an initiative to support employees with the cost of living … Continue reading Uprated real Living Wage rate imminent
Supporting female offenders
Female offenders to be diverted from life of crime with targeted support Women helped to get off drugs, off the streets into work Women whose crimes have been fuelled by addiction, mental health issues and domestic violence will be better supported to stop reoffending. With over 60 per cent of women in prison having experienced … Continue reading Supporting female offenders
Over 16 million households receive cost of living council tax rebate
Around 90% of eligible households have received the government’s £150 council tax rebate to help with the cost of living. Around 9 out of 10 of eligible households have received £150 cost of living rebate Anyone yet to receive the rebate can make a claim to local authority Rebate part of £37 billion of government … Continue reading Over 16 million households receive cost of living council tax rebate
Directors of a tax avoidance promoters named for the first time
HMRC uses new powers to publicly name the directors of tax avoidance promoting companies. Tax avoidance bosses have been named for the first time in the latest move to help protect the public. HM Revenue and Customs (HMRC) has used new powers to publicly name directors of tax avoidance promoting companies, with customers being warned … Continue reading Directors of a tax avoidance promoters named for the first time
Preparing for the 3rd National Insurance payroll change!
With the resignation of Boris Johnson and the ongoing election of a new Prime Minister with announcements to be made Monday 5th September 2022, will payroll see it’s third change to National Insurance in one year? With candidates vying for election, promises of changes are frequent and sometimes a little reactionary. With the cost of … Continue reading Preparing for the 3rd National Insurance payroll change!
Rent cap on social housing to protect millions of tenants from rising cost of living
Under the proposals being consulted on, a cap on social housing rent increases would be put in place for the coming financial year, with options at 3%, 5% and 7% being considered. Social rent cap proposed to support tenants with cost of livingMove could save households £300 per year and provide financial stability for 4 … Continue reading Rent cap on social housing to protect millions of tenants from rising cost of living
Consultation on NHS pension changes to boost winter workforce
NHS pension scheme changes could be extended to allow retired staff to retain pension benefits if they return to the NHS workforce The extension would make it easier for skilled professionals returning to the NHS to deliver high-quality care to patientsMove would help to bolster the workforce ahead of winter so they can continue catch … Continue reading Consultation on NHS pension changes to boost winter workforce
Parents and carers of 16 to 19-year-olds have less than one week left to confirm whether their teenager is staying in full-time education or approved training.
While young people are considering their future beyond their GCSE or Scottish National Certificate results, HMRC is asking parents and carers to make sure they update their Child Benefit records by 31st August 2022, or risk seeing their payments end. HMRC has written to 1.3 million parents and carers of children, who are in the … Continue reading Parents and carers of 16 to 19-year-olds have less than one week left to confirm whether their teenager is staying in full-time education or approved training.
EV Drivers benefit from £20 million chargepoint boost
Drivers will have access to more than 1,000 new electric vehicle chargepoints across the country. more than 1,000 new electric vehicle chargepoints to be installed in a new pilot, as part of a wider £450 million schemechargepoints will be built across 9 local authorities across England, including Durham, Nottinghamshire, and Suffolknearly £20 million from government … Continue reading EV Drivers benefit from £20 million chargepoint boost
Thousands more leaseholders to get money back
After CMA action, thousands of leaseholders who paid a doubled ground rent will receive refunds and 9 more companies will remove these costly terms from leasehold contracts. Over 20,000 leaseholders helped by CMA’s investigation to date.Interim CMA CEO: “People now have a new lease of life, freed from issues like costly doubling ground rent terms”. … Continue reading Thousands more leaseholders to get money back
Students encouraged to get up to date with vaccinations ahead of Freshers’ Week
Students should get up to date with 3 vaccines: Men ACWY (meningitis), MMR (measles, mumps and rubella) and, for female students, HPV, before the start of the new term. Students heading to university in September are being encouraged to ensure they are up to date with their vaccinations ahead of Freshers’ Week to protect themselves … Continue reading Students encouraged to get up to date with vaccinations ahead of Freshers’ Week
Regular asymptomatic testing for Covid will be paused in all remaining settings from 31st August 2022
Routine asymptomatic testing will be paused across remaining settings, including hospitals and care homes, from 31 August as Covid cases continue to fallTesting for individuals with symptoms in these settings, including health and social care staff, will continueImmunocompromised patients in hospitals and people being admitted into care homes and hospices will also continue to be … Continue reading Regular asymptomatic testing for Covid will be paused in all remaining settings from 31st August 2022
Funding for maritime cadets and ratings boosted
The future of maritime has been given a massive funding boost by the UK Government with an increase in training subsidies for cadets and ratings. Eligible seafarers will now get half of their training paid – providing a real investment in the future of maritime and securing future growth. Previously, the subsidy was 30% but … Continue reading Funding for maritime cadets and ratings boosted
Scale-up visa to propel high-growth businesses
The UK’s top high-growth businesses will have greater flexibility and power to entice the world’s top talent through the new Scale-up visa, the government announced 22nd August 2022. UK businesses experiencing success will be eligible to sponsor talented individuals, from scientists and engineers to architects and programmers, to support their growth and contribute to boosting … Continue reading Scale-up visa to propel high-growth businesses
Walking, wheeling and cycling to be offered on prescription in nationwide trial
Eleven local authority areas in England to benefit from £12.7 million in multi-year funding. trials in 11 areas across the country to help people’s mental and physical healthGPs will issue social prescriptions such as walking, wheeling and cycling, backed by £12.7 millionschemes will include cycling and walking groups, cycle training and free bike loans Social … Continue reading Walking, wheeling and cycling to be offered on prescription in nationwide trial
Help for 2,000 adults with autism into work
A new £7.6 million government initiative has been launched to help over 2,000 adults with learning disabilities and autism move into work. The Local Supported Employment (LSE) initiative is providing grant funding to 24 local authorities in England and Wales, representing an investment of £7.6 million over the next three years. Each local authority area … Continue reading Help for 2,000 adults with autism into work
Small businesses received £21.3 billion in COVID-19 local authority business support grants
Figures show £21.3 billion allocated to micro, small, and medium sized businesses in England through COVID-19 business grants schemedata shows grants supported businesses in many sectors of the economy, including accommodation and food services, wholesale and retail, and arts, entertainment and recreation Smaller businesses across the whole of England received £21.3 billion through the government’s COVID-19 … Continue reading Small businesses received £21.3 billion in COVID-19 local authority business support grants
P&O Ferries update
The Insolvency Service has provided an update following its urgent enquiries into the circumstances surrounding the redundancies made by P&O Ferries on 17th March 2022. An Insolvency Service spokesperson said: “After a full and robust criminal investigation into the circumstances surrounding the employees who were made redundant by P&O Ferries, we have concluded that we … Continue reading P&O Ferries update
London landmark tax avoidance scheme named
A tax avoidance promoter based in The Shard has been exposed by HM Revenue and Customs (HMRC) with users warned to withdraw or risk large tax bills. ContractorCare Ltd has been named by HMRC as a tax avoidance promoter, along with PAYEme Ltd, and Gateway Outsource Solutions Ltd. Customers of these business are being urged … Continue reading London landmark tax avoidance scheme named
COVID19 Autumn Booster
The Department of Health and Social Care has confirmed that an autumn booster of the #COVID19 vaccine will be offered to people at higher risk to extend their protection against getting seriously ill. All of the available boosters provide good protection against severe illness from coronavirus (COVID-19). More details on which vaccines will be used … Continue reading COVID19 Autumn Booster
TUC calls on ministers to get pay rising, as real wages fall again
Commenting on the labour market figures published by the ONS, which show real wages falling by 4.1 per cent (on CPI measure) as the cost of living crisis intensifies, TUC General Secretary Frances O’Grady said: “Everyone who works deserves financial security. “But with the Bank of England predicting the worst decline in real pay for … Continue reading TUC calls on ministers to get pay rising, as real wages fall again
Labour market overview, UK: August 2022
The Office for National Statistics (ONS) has published its latest Labour market overview indicating changes in employment for the United Kingdom. The UK employment rate for people aged 16 to 64 years decreased by 0.1 percentage points on the quarter to 75.5%, and is still below pre-coronavirus (COVID-19) pandemic levels. However, the number of people … Continue reading Labour market overview, UK: August 2022
Customer survey ranks banks amid cost of living crisis
A survey of thousands of individuals and small businesses shows how well banks are looking after their customers as people face the rising cost of living. The latest independent results ranking the service quality of personal and business current account providers in Great Britain and Northern Ireland are available: Ipsos (personal current accounts)BVA BDRC (business … Continue reading Customer survey ranks banks amid cost of living crisis
Cheaper broadband for struggling families
Broadband bills could be cut for millions of low-income households under plans to encourage social tariffs. New system allows customers to give permission to broadband providers to confirm their eligibility for cheaper dealsPlans come alongside further deals secured by Cost of Living Business Tsar and former Just Eat boss, David Buttress, as part of the … Continue reading Cheaper broadband for struggling families
Clearing a path to higher education
Ahead of the release of A-Level results on Thursday 18th August 2022, the Student Loans Company (SLC) is sharing its top tips for prospective students going through Clearing this year. It’s predicted that this year’s Clearing window will be busier than ever, due to a range of factors, including an increase in the number of … Continue reading Clearing a path to higher education
Share your views about repayment agents
The government is keen to ensure that taxpayers pay the right amount of tax, and, where they are entitled to a refund, can access this easily. They are aware that some taxpayers face issues and feel misled when using agents that specialise in claiming tax refunds from HMRC. Repayment agents can provide a useful service … Continue reading Share your views about repayment agents
HMRC interest rates to be revised
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 1.75%. HMRC interest rates are linked to the Bank of England base rate. As a consequence of the change in the base rate, HMRC interest rates for the late payment will increase. These changes will come into … Continue reading HMRC interest rates to be revised
Student Loan Plan 1 & 2 thresholds confirmed for April 2023
The Department for Education has confirmed the Student Loan thresholds for Plan Type 1 and 2 to be operated from 6th April 2022. From 6 April 2023, the repayment threshold for pre-2012 (Plan 1) loans will rise to £22,015. The income threshold for post-2012 (Plan 2) from April 2023 will remain frozen at £27,295 as … Continue reading Student Loan Plan 1 & 2 thresholds confirmed for April 2023
Organised Labour Fraud
As part of the August 2022 employer bulletin, HMRC has issued information on Organised Labour Fraud. Organised labour fraud is the collective name HMRC gives to three main frauds: labour fraud in constructionmini-umbrella company fraudpayroll company fraud It’s ‘organised’ because it is orchestrated and conducted by organised crime groups. It’s ‘labour fraud’ because it always … Continue reading Organised Labour Fraud
Using the correct employee addresses — new starters
As part of the August 2022 employer bulletin, HMRC have emphasised the need for employers to notify the correct employee address on the first Full Payment Submission (FPS). Failure may result in an individual not being correctly identified, duplication, application by HMRC of a Temporary Reference Number (TRN) and the individuals record being placed into … Continue reading Using the correct employee addresses — new starters
PAYE new variable payment plan
From 19th September 2022, in response to feedback, employers’ with PAYE will be able to setup and take advantage of a new variable Direct Debit payment plan being introduced by HMRC. The service can be accessed through Pay employers’ PAYE or directly through the business tax account and the employers PAYE service. There will be … Continue reading PAYE new variable payment plan
August 2022 HMRC Employer Bulletin
HMRC have published their August 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE PAYE Settlement Agreements — introducing new digital version of the PSA1 Form Payment deadline and calculation reminder Employers PAYE — introduction of variable payment plan First Full Payment Submission for new starters: the importance of using the … Continue reading August 2022 HMRC Employer Bulletin
More tax avoidance schemes named
Countrywide Partners Limited has been named as a promoter of a tax avoidance scheme by HMRC. If you have been paid by them via this scheme where a part of your salary was in the form of a loan, please get in touch with HMRC now! Scheme users entered into an employment contract with Countrywide … Continue reading More tax avoidance schemes named
Couples urged to ‘say yes’ to Marriage Allowance proposal
Eligible married couples or people in a civil partnership could reduce their tax by up to £252 a year by signing up to Marriage Allowance. At the height of the wedding season, HM Revenue and Customs (HMRC) is reminding married couples and people in civil partnerships to put extra cash at the top of their … Continue reading Couples urged to ‘say yes’ to Marriage Allowance proposal
New pension scheme type launched
Collective Defined Contribution pension schemes, or CDCs for short, will offer an alternative to the UK’s two primary pension scheme models, Defined Contribution (DC) and Defined Benefit (DB). CDCs have the potential to provide improved retirement returns for savers, with more predictable costs for employers. Both employers and employees contribute to a collective fund from … Continue reading New pension scheme type launched
Grassroots football facilities to be named in honour of Lionesses class of Euros 2022
Government determined to build future legacy on the back of England’s success and increase participation for women and girlsComes as part of Government’s £230 million investment to build or improve 8,000 grassroots football and multi-sport facilities by 2025 Following the Lionesses’ success at UEFA Women’s EURO 2022, the Culture Secretary has announced that grassroots facilities … Continue reading Grassroots football facilities to be named in honour of Lionesses class of Euros 2022
New register to crack down on dirty money and corrupt elites in UK goes live
A new register being launched today will help root out corrupt elites using UK property to launder their illicit wealth. New register to flush out corrupt elites laundering money through UK property goes live todayoverseas entities that refuse to reveal the true owner of their property will face sale restrictions and could receive tough fines … Continue reading New register to crack down on dirty money and corrupt elites in UK goes live
Directors banned for abusing dissolution process
Directors disqualified under new powers to tackle directors from dissolving companies and walking away without paying their debts. The four directors were disqualified after they all secured bounce back loans before dissolving their companies to avoid paying their liabilities back. In the most recent case, Sirfraz Ahmad, from Leeds, was disqualified for 10 years after … Continue reading Directors banned for abusing dissolution process
Tax avoidance promoter fined £1 million
A tax avoidance scheme promoter has been hit with a £1 million fine after a legal challenge by HM Revenue and Customs (HMRC). Hyrax Resourcing Ltd was handed the almost-maximum allowed fine by the First Tier Tribunal for failing to disclose an avoidance scheme to HMRC as legally required. Hyrax promoted a disguised remuneration scheme … Continue reading Tax avoidance promoter fined £1 million
£400 energy bills discount this winter
The UK government sets out further details of the Energy Bills Support Scheme. Households to start receiving £400 off their energy bills from October 2022, with the discount made in 6 instalments to help families throughout the winter periodgovernment confirms important details of the Energy Bills Support Scheme, which will provide energy bill discounts to … Continue reading £400 energy bills discount this winter
Military families to benefit from £3,000 of childcare support
Service families with children aged 4 to 11 years to benefit from wraparound childcareMore than 20,000 service children will be eligible for 20 hours free childcare per weekDefence Secretary outlines further family support for UK Armed Forces personnel The Wraparound Childcare (WAC) scheme will provide up to 20 hours per week of free childcare before … Continue reading Military families to benefit from £3,000 of childcare support
Protecting the health & safety of pregnant workers
The TUC has issued a new toolkit designed to help union reps ensure that the health and safety of members who are pregnant is protected from the moment the rep becomes aware that a member is pregnant, to their return to work and beyond. It is mainly targeted at health and safety reps but will … Continue reading Protecting the health & safety of pregnant workers
Fear and insecurity mean workers do not report underpayment
The Low Pay Commission (LPC) has published a report on non-compliance and enforcement of the minimum wage in Leicester’s textiles manufacturers. Since 2020, multiple agencies have carried out large-scale joint enforcement operations in Leicester, partly in response to persistent reports of exploitation and underpayment. Low Pay Commissioners heard evidence on the forces driving non-compliance and … Continue reading Fear and insecurity mean workers do not report underpayment
Tax residence indicator tool
HMRC have launched a new tool to help determine tax residence status. Tax on furlough reign income : UK residence and tax The tool applies the rules as set out in the Statutory Residence Test (SRT) to help determine an individual’s residence status for tax purposes. Further guidance on the SRT is available at: RFR3 … Continue reading Tax residence indicator tool
PAYE Settlement Agreements (PSA) — new PSA1
HMRC have completed a review of feedback from employers who use PAYE Settlement Agreements (PSAs). Acting on that feedback HMRC have redesigned the PSA1 form and introduced a digital submission route. The new form is available at: PAYE Settlement Agreement (PSA1) HMRC is encouraging all employers to take up the new reporting method as the … Continue reading PAYE Settlement Agreements (PSA) — new PSA1
Improving the data HMRC collects – consultation
The government have launched a consultation to improve data in relation to employment and self employment. The consultation Proposes a number of options for improving the range of data HM Revenue and Customs (HMRC) collects, uses and responsibly and safely shares across government. They want to ensure that the data held gives an accurate and … Continue reading Improving the data HMRC collects – consultation
Rises to teachers’ salaries
Teachers are to benefit from pay increases of between 5% and 8.9% from September 2022, as the government has accepted pay recommendations from the independent School Teachers’ Review Body for the next academic year. The starting salary for teachers outside London will rise by 8.9%, with salaries reaching £28,000 in the 2022/23 academic year. This … Continue reading Rises to teachers’ salaries
£4.5 billion Recovery Loan Scheme extended
Scheme supporting access to finance for small businesses extended for two yearsNearly 19,000 businesses supported since the scheme launched in April 2021 A vital support scheme offering Government-backed loans to small businesses will be extended for a further two years, Business Secretary Kwasi Kwarteng has announced Wednesday 20th July 2022. The Recovery Loan Scheme, originally … Continue reading £4.5 billion Recovery Loan Scheme extended
1.2 million low earners to see boost in take-home pay
Low earners who save through a Net Pay Arrangement (NPA) pension will get the same level of government top-up as those who use Relief at Source schemes Around 1.2 million low earners will receive top-ups to their take-home pay from 2025 which could be worth hundreds of pounds a year. For NPAs, pension contributions are … Continue reading 1.2 million low earners to see boost in take-home pay
Get kids active over the summer holidays
Disney-inspired campaign relaunches to help kids get one hour of physical activity every day over the summer holidays. Only 45% of children are meeting the Chief Medical Officer’s guidelines of one hour of physical activity a dayThe campaign seeks to inspire kids to get active by using some of their favourite stories and characters from … Continue reading Get kids active over the summer holidays
New law allow businesses to hire agency workers to plug gaps caused by strike action
Law changed to allow businesses impacted by industrial action to fill vital roles with temporary, skilled workersReforms to help ensure crucial public services and people’s daily lives remain uninterrupted by staff strikesBusiness Secretary Kwasi Kwarteng: “In light of militant trade union action threatening to bring vital public services to a standstill, we have moved at … Continue reading New law allow businesses to hire agency workers to plug gaps caused by strike action
ROYAL DOCKS SEEKS TO EXCEL AS A LIVING WAGE PLACE
ExCeL London becomes Accredited Living Wage Employer The Royal Docks receives formal recognition from the Living Wage Foundation for Making a Living Wage Place Key step in Mayor Khan’s plan to Make London a Living Wage CityAim of increasing the number of Royal Docks accredited Living Wage Employers by 50% by 2025 Community-led Royal Docks Living Wage Action … Continue reading ROYAL DOCKS SEEKS TO EXCEL AS A LIVING WAGE PLACE
Harpur Trust (Appellant) v Brazel (Respondent) [2022]UKSC 21 On appeal from: [2019] EWCA Civ 1402
Justices Lord Hodge, Lord Briggs, Lady Arden, Lord Burrows, Lady Rose. Background to the Appeal This appeal concerns the calculation of annual leave and holiday pay entitlements for workers who work for varying hours during only certain weeks of the year but have a contract throughout that year (“part–year workers”). The Respondent, Ms Brazel, is … Continue reading Harpur Trust (Appellant) v Brazel (Respondent) [2022]UKSC 21 On appeal from: [2019] EWCA Civ 1402
Supreme Court Holiday Pay ruling – 12.07% is unlawful
The Supreme Court have dismissed the Harpur Trust appeal against the Court of Appeal ruling on percentage holiday pay scheme being unlawful. The court confirms that the minimum holiday pay due must comply with the Employment Rights Act 1996 (and as amended) under section 224. The case related to a Part Year Worker who until … Continue reading Supreme Court Holiday Pay ruling – 12.07% is unlawful
Jobcentre closures in areas with red severe weather warning
Jobcentres and health assessment offices in areas issued with a red severe weather warning for Monday 18th and Tuesday 19th July 2022 will be closed. Benefit payments will be made as normal. They will make every effort to contact everyone who has an appointment on one of those days to have it over the telephone … Continue reading Jobcentre closures in areas with red severe weather warning
Heat-health advice issued
With temperatures rising to forecasted record levels this weekend, UKHSA and the Met Office is reminding people to take precautions to stay safe through the hot weather. The hottest temperatures are expected on Monday and Tuesday (18th/19th July 2022) with highs of 40°C possible. A Level 4 alert has been issued for the first time … Continue reading Heat-health advice issued
New law ensures all staff keep their tips
Government backs new reforms making it unlawful for employers to withhold tips from staff. New legislation to make it unlawful for employers to withhold tips from staffit means customers will know for certain that all tips will go to hard-working employees, who will take home more moneythe Tipping Bill will benefit more than 2 million … Continue reading New law ensures all staff keep their tips
Parents whose babies require neonatal care to receive paid leave under new law backed by government
Government backs laws providing additional paid leave to parents whose babies require neonatal care after birthreforms will allow parents to spend more time providing crucial care for their baby instead of worrying about returning to work or having to take unpaid leaveBusiness Minister Jane Hunt: “I hope we can take one concern off the minds … Continue reading Parents whose babies require neonatal care to receive paid leave under new law backed by government
More than 33,600 tax credits customers use HMRC app to renew
More than 33,600 have successfully used the HMRC app to renew their tax credits claim so far this year, a 39% increase on last year. Tax credits are there to help working families with targeted financial support, so And it is important that claimants act to renew before the 31st July 2022 deadline to ensure … Continue reading More than 33,600 tax credits customers use HMRC app to renew
New bursaries will support learners in over 100 flexible short courses
Learners who could struggle with study-related costs such as books and childcare fees can now apply for up to £2.5 million worth of targeted bursary funding to help them access new higher education ‘short courses’. As part of the government’s pledge to offer tens of thousands of adults the chance to retrain in later life, … Continue reading New bursaries will support learners in over 100 flexible short courses
Call to check vehicles before travelling as 41,500 breakdowns caused by tyre issues
With daily life returning back to the new normality, more vehicle are back on the road and more journeys are being taken. Most breakdowns could be avoided if drivers had carried out basic vehicle checks before setting off including checking tyres. National Highways, which is responsible for motorways and major A roads across the country, … Continue reading Call to check vehicles before travelling as 41,500 breakdowns caused by tyre issues
Dominic Harris is the preferred candidate for the role of Pensions Ombudsman and Pensions Protection Fund Ombudsman
Harris is currently a Partner in the Pensions Team at law firm CMS. He also serves as Chair of the Investment and Defined Contribution Committee of the Association of Pension Lawyers. The Pensions Ombudsman Service is an independent organisation set up by law to investigate complaints about pension administration. It is a Tribunal non-departmental public … Continue reading Dominic Harris is the preferred candidate for the role of Pensions Ombudsman and Pensions Protection Fund Ombudsman
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