From today , 6 November 2022, the 1.25% point cut to National Insurance rates for employees and employers takes effect … Continue reading Reversal of National Insurance Increase takes effect
Legislation updates 2023 for payroll
Following the successful Legislation update for 2021 and then 2022 for payroll by PAYadvice.UK with 20 thousand hits and downloads … Continue reading Legislation updates 2023 for payroll
Tax year 2023/2024: Car and van fuel benefit charge increased
HM Revenue and Customs have confirmed the decision to increase the Expenses and Benefits rates for tax year 2023/2024, effective … Continue reading Tax year 2023/2024: Car and van fuel benefit charge increased
Significant minimum pay rise may impact employer reward strategies
Employers may need to review their reward strategies! With the proposal of the Low Pay Commission (LPC) for a significant … Continue reading Significant minimum pay rise may impact employer reward strategies
Student Loan Thresholds Confirmed for April 2023
As part of the April 2023 changes to payroll, the HMRC Software Developers Support Team (SDST) has additionally confirmed the … Continue reading Student Loan Thresholds Confirmed for April 2023
Statutory Sick Pay increases from April 2023 to £109.40
Following the government Autumn Statement on 17th November 2023 and the indication that benefits would rise by 10.1%, the Statutory … Continue reading Statutory Sick Pay increases from April 2023 to £109.40
Statutory Parental Payment increased by 10.1% from April 2023 to £172.48
Following the governments Autumn Statement on 17th November 2022 and indication that benefits would rise by 10.1%, it has been … Continue reading Statutory Parental Payment increased by 10.1% from April 2023 to £172.48
Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Child Care Vouchers – 2023/2024 Basic Earnings Assessment Calculator
An employer who provides childcare vouchers to employees are required to undertake an annual Basic Earnings Assessment (BEA) prior to … Continue reading Child Care Vouchers – 2023/2024 Basic Earnings Assessment Calculator
Christmas workers can save time with HMRC app
New employees can use the secure HMRC app to find out their personal tax information and pass details on to … Continue reading Christmas workers can save time with HMRC app
Drive to help over 50s re-join the jobs market
Over nine million 50+ workers now on payrolls, an increase of more than 210,000 since last year. Network of dedicated … Continue reading Drive to help over 50s re-join the jobs market
HMRC Loan charge discovery assessments
Disguised remuneration loan schemes were used to avoid paying Income Tax and National Insurance contributions. Those classed as having a … Continue reading HMRC Loan charge discovery assessments
Autumn Statement 2022
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor … Continue reading Autumn Statement 2022
National Minimum and Living Wage rise for April 2023
The government states it is committed to ending low pay. From 1st April 2023, the National Living Wage (NLW) will … Continue reading National Minimum and Living Wage rise for April 2023
Chancellor delivers plan for stability, growth and public services
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect … Continue reading Chancellor delivers plan for stability, growth and public services
Reward and Payroll Summit – part 2 – The 4 day week
Ann-Marie Wittan So the next sessions go into streams and I’ve attended one covering the move from a 5 day … Continue reading Reward and Payroll Summit – part 2 – The 4 day week
Reward and Payroll Summit – part 2 – The 4 day week
Ann-Marie Wittan So the next sessions go into streams and I’ve attended one covering the move from a 5 day … Continue reading Reward and Payroll Summit – part 2 – The 4 day week
Reward and Payroll Summit 2022 – part 1
Thursday 17th November 2022, and great to be amongst payroll and reward professionals at the Reward & Payroll Summit at … Continue reading Reward and Payroll Summit 2022 – part 1
Early education vital for children born during lockdown
Ofsted has published the first in a series of reviews on early years education. The review underpins the inspectorate’s new … Continue reading Early education vital for children born during lockdown
Time’s up for rogue landlords
Government toughen inspection of failing landlords and improve support for residents in supported housing. Rogue landlords who exploit the supported … Continue reading Time’s up for rogue landlords
Nation falls silent on Remembrance Sunday
National two-minute silence takes place to remember those who died in conflict Members of the Royal Family and senior politicians … Continue reading Nation falls silent on Remembrance Sunday
Payroll Service Summit – part 2
The afternoon has started with a welcome back from Paul Spiers of Experian. Paul Spiers Experian (by psp 2022) Experien … Continue reading Payroll Service Summit – part 2
Ten years of Automatic Enrolment – over £114bn pension savings
Automatic Enrolment has helped millions put more into their pension pots than ever before, according to new figures released to … Continue reading Ten years of Automatic Enrolment – over £114bn pension savings
Payroll Services Summit 2022 – Part 1
Setting for the Payroll Services Summit 2022 (by psp 2022) It’s great to be amongst the payroll service community at … Continue reading Payroll Services Summit 2022 – Part 1
New Minister for Pensions – Laura Trott
Laura Trott is the new Minister for Pensions with responsibility for pensioner benefits including the State Pension, private and occupational … Continue reading New Minister for Pensions – Laura Trott
Online payment plans help 21,600 pay their Self Assessment bill
Self Assessment filers are using the self-serve Time to Pay facility to spread the cost of their tax bill. Since … Continue reading Online payment plans help 21,600 pay their Self Assessment bill
HMRC late payment interest rates change
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 3%. The … Continue reading HMRC late payment interest rates change
8th May 2023 Bank holiday proclaimed
The Prime Minister has proclaimed an additional bank holiday to mark the Coronation of His Majesty King Charles III. The … Continue reading 8th May 2023 Bank holiday proclaimed
19 million plus households have received council tax rebates
The government is extending the deadline for claims as over 99% of households receive the payment. 99% of eligible households … Continue reading 19 million plus households have received council tax rebates
Free legal advice pilot helping people facing financial difficulties
Around 20,000 people facing debt difficulties will be invited to receive free early-stage legal advice through a new pilot launched … Continue reading Free legal advice pilot helping people facing financial difficulties
Autumn Statement 17th November 2022
The Prime Minister Rishi Sunak and the Chancellor Jeremy Hunt have agreed that the Autumn Statement will now be delivered … Continue reading Autumn Statement 17th November 2022
Rishi Sunak appointed as Prime Minister.
The King received The Rt Hon Rishi Sunak MP at Buckingham Palace Tuesday 25th October 2022. His Majesty asked him … Continue reading Rishi Sunak appointed as Prime Minister.
Guernsey Class 1 contributions 2023
The States of Guernsey have voted and approved the Class 1 contribution changes which are to apply from 1st January … Continue reading Guernsey Class 1 contributions 2023
New campaign urges millions to boost their immunity this winter
COVID-19 and flu campaign launches to encourage eligible people to get their vaccines ahead of the winter. A new country-wide … Continue reading New campaign urges millions to boost their immunity this winter
PAYE RTI 2023-24: Technical Pack updated
The HMRC Software Developer Support Team have notified updates to the Real Time Information technical specifications and an update to … Continue reading PAYE RTI 2023-24: Technical Pack updated
Christmas 2022 – when are the Bank Holidays and what about paying early?
As Christmas Day and New Year’s Day fall on weekends, neither is a bank holiday and therefore substitute days are … Continue reading Christmas 2022 – when are the Bank Holidays and what about paying early?
October 2022 HMRC Employer Bulletin
HMRC have published their October 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Reduction in … Continue reading October 2022 HMRC Employer Bulletin
Boost for carers who will receive new unpaid leave entitlement
New laws introduced entitling unpaid carers to 1 week of unpaid leave a year. new laws introduced entitling unpaid carers … Continue reading Boost for carers who will receive new unpaid leave entitlement
Government backs new law to help pregnant women and new parents stay in work
New government-backed law to offer pregnant women and new parents greater protection against redundancy new government-backed law to offer pregnant … Continue reading Government backs new law to help pregnant women and new parents stay in work
Families claiming tax credits to receive second Cost of Living Payment from 23rd November 2022
Tax credits only customers will receive their second Cost of Living payment from 23rd November 2022. More than one million … Continue reading Families claiming tax credits to receive second Cost of Living Payment from 23rd November 2022
Office for Veterans’ Affairs launches new group to step up veteran employment
Employers across the UK have joined a new group to support the government on helping veterans get into employment. Businesses … Continue reading Office for Veterans’ Affairs launches new group to step up veteran employment
Prime-minister Liz Truss resigns
At 1.30pm Thursday 20th October 2022, the prime minister announced her resignation. 2022 will be the year of three prime … Continue reading Prime-minister Liz Truss resigns
Chancellor brings forward further Medium-Term Fiscal Plan measures
Dear PAYadvice, Please share the following message sent on behalf of the HMRC External Affairs Team. Earlier today the Chancellor of … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
Chancellor Statement – 17th October 2022
Speech to the House of Commons as delivered by Chancellor Jeremy Hunt. Mr Speaker, The central responsibility of any government … Continue reading Chancellor Statement – 17th October 2022
Pensions Dashboards – coming soon to a screen near you
Monday 17th October 2022 saw regulations to enable millions of UK savers to access their pensions information at the touch … Continue reading Pensions Dashboards – coming soon to a screen near you
Free legal advice expanded to help thousands more people at risk
Thousands of domestic abuse victims will be able to access free legal advice and representation under new changes to the … Continue reading Free legal advice expanded to help thousands more people at risk
Chancellor brings forward further Medium-Term Fiscal Plan measures
The Chancellor of The Exchequer Jeremy Hunt has, Monday 17th October 2022, brought forward a number of measures from 31st … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
U-Turn on Corporation Tax
The government on Friday 14th October 2022, announced (as part of the PM pres conference) that Corporation Tax will increase … Continue reading U-Turn on Corporation Tax
HMRC refunding Tax Credits Ltd clients
Taxpayers who have reclaimed tax payments using the repayment agent Tax Credits Ltd since December 2021 are being directly refunded by … Continue reading HMRC refunding Tax Credits Ltd clients
New Starter Checklist for PAYE available
HM Revenue and Customs have launched a New Starter Checklist as an alternative way for new employees to ensure their … Continue reading New Starter Checklist for PAYE available
PM press conference: 14th October 2022
Prime Minister Liz Truss's opening remarks: Good afternoon, My conviction that this country needs to go for growth is rooted … Continue reading PM press conference: 14th October 2022
New Chancellor and Secretary to the Treasury appointed
King Charles III has been pleased to approve the following appointments: Rt Hon Jeremy Hunt MP as Chancellor of the … Continue reading New Chancellor and Secretary to the Treasury appointed
Chancellor accepts request to stand aside
Friday 14th October 2022 saw one of the shortest service Chancellor of the Exchequer as Kwasi Kwarteng stands aside at … Continue reading Chancellor accepts request to stand aside
Coronation Saturday 6th May 2023
Buckingham Palace is pleased to announce that the Coronation of His Majesty The King will take place on Saturday 6th … Continue reading Coronation Saturday 6th May 2023
Medium-Term Fiscal Plan (Budget)
The Chancellor has commissioned the OBR’s forecast for 31st October 2022, and will publish the Medium-Term Fiscal Plan on the … Continue reading Medium-Term Fiscal Plan (Budget)
Employment boost for people receiving mental health support
£122 million boost to service will give those receiving mental health support the opportunity to speak to employment advisers Employment … Continue reading Employment boost for people receiving mental health support
Self Assessment taxpayers could be fraudsters target
HMRC are always detecting new tax scams. Beware of fraudsters offering refunds or tax rebates in the run up to … Continue reading Self Assessment taxpayers could be fraudsters target
HMRC cracks down on unlawful estate agents
HMRC adds 68 estate agents to the list of named businesses not complying with money laundering regulations. Dozens of estate … Continue reading HMRC cracks down on unlawful estate agents
Boost for teacher training bursaries by up to £10,000 a year
Graduates applying to train as teachers in high priority subjects are to receive increased tax-free bursaries and scholarships from next … Continue reading Boost for teacher training bursaries by up to £10,000 a year
November 2022 NI change – Drop the message
To ensure taxpayers understood their increased National Insurance contributions from 6th April 2022, that the additional contribution was to help … Continue reading November 2022 NI change – Drop the message
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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … 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, … 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 … Continue reading The Growth Plan 2022 speech
IR35 Off payroll working rules repealed from 6th April 2023 – cancelled
As part of the Chancellors Growth Plan 2022 speech: Mr Speaker, we can also simplify the IR35 rules – and … Continue reading IR35 Off payroll working rules repealed from 6th April 2023 – cancelled
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 … 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 … 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 … 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 … 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 … 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 … Continue reading HMRC late payment interest rates rise
3rd National Insurance change confirmed for 6th November 2022
The 1.25 percentage point rise in National Insurance will be reversed from 6th November 2022, the Chancellor Kwasi Kwarteng has … Continue reading 3rd National Insurance change confirmed for 6th November 2022
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 … 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 … Continue reading HM Treasury confirm Friday 23rd September 2022 for the mini budget
£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 … 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 … 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 … 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 … 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 … 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 … 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 … 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, … 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 … 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 … 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 … 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 … 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 … Continue reading Queen Elizabeth II (1926 – 2022)
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 … 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 … 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 … 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. … 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 … Continue reading Directors of a tax avoidance promoters named for the first time