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
Autumn Statement 17th November 2022
Month: October 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
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
Christmas 2022 and New Year 2023 – 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 and New Year 2023 – when are the Bank Holidays and what about paying early?
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