Articles and information in relation to UK Payroll for business, employers and employees.
The second review of State Pension age has been published The UK government have released the following: State Pension age rise to 67 will take place as planned between 2026-2028. Review within two years of next Parliament to reconsider rise to age 68. Delivers on Government responsibility to ensure the State Pension remains sustainable and … Continue reading State Pension Age Review
For pay periods starting on or after Saturday 1st April 2023, the National Living Wage and Nation Minimum Wage are rising significantly. For many receiving minimum pay amounts this sees a 9.7% pay increase being applied at some point over the month of April. For those aged 21 and 22 the increase is more as … Continue reading National Minimum Wage Rise 1st April 2023
Borrowing and saving On 23rd March 2023, the Bank of England increased the Bank Rate by 0.25 percentage points, to 4.25%; this is the highest level in 14 years. This affects the interest rates that banks charge customers to borrow and that they pay to customers for their savings. The Office for National Statistics (ONS) … Continue reading Cost of living impacts
At the Spring Budget Jeremy Hunt announced 30hrs of free childcare for children aged 9 months - 4 years for eligible working parents. The rollout will be phased to build capacity, including expanding the number of staff in nurseries & getting more childminders into the sector. The spring budget announced changes to help parents with … Continue reading When can you claim your free childcare?
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 4.25%. The Bank of England Monetary Policy Committee announced on 23rd March 2023 an increase to the Bank of England base rate to 4.25% from 4%. HMRC interest rates are linked to the Bank of England base … Continue reading HMRC late payment interest rates revised
The new law is designed to protect those working on vessels operating an international service from being paid less than the National Minimum Wage. act designed to boost the pay of seafarers with close ties to the UK receives Royal Assent, as government continues to crack down on unfair practices part of the 9-point plan … Continue reading New UK law to boost seafarer pay
UniversalCredit claimants in work across Great Britain can now benefit from extra support to help secure promotions and higher wages DWP ramps up drive to help low earners increase their wages and encourage employers to support career progression. Universal Credit claimants are securing job promotions and better pay after local Jobcentres step in with specialist In … Continue reading Drive to help workers on Universal Credit boost prospects
A new system will give the Government and emergency services the capability to send an alert directly to mobiles phones when there is a risk to life has been launched The IK government has confirmed that a UK-wide emergency alerts test will take place on Sunday 23rd April 2023 which will see people receive a … Continue reading UK-wide Emergency Alert test
The government are applying measures to remove taxpayer’s ability to legally assign to a third party their income tax repayment, or their right to an income tax repayment. Assignments of income tax repayments will now have no legal effect and the repayment will remain the property of the taxpayer. This will be legislated for in … Continue reading Assignments of Income Tax Refunds now void
Millions of households will get more support with high energy bills to help ease the cost of living, the Chancellor has announced today ahead of the Spring Budget. The Energy Price Guarantee (EPG) will be kept at £2,500 for an additional three months from April to June 2023, saving a typical household £160. Energy prices … Continue reading Spring Budget 2023 – energy support extended 3 months
The Chancellor of the Exchequer presented his Spring Budget 2023 to Parliament on Wednesday 15th March 2023. For the full speech: Spring Budget 2023 speech as delivered by Chancellor Jeremy Hunt. My budget… sets out the next stage of the Government’s plan to halve inflation, grow the economy and reduce debt. Building on the stability … Continue reading Spring Budget 2023
HMRC Real Time Information submission have indicated a new record number of people on payroll according to the Office For National Statistics (ONS). The UK employment rate was estimated at 75.7% in November 2022 to January 2023, 0.1 percentage points higher than the previous three-month period. The increase in employment was driven by part-time employees … Continue reading UK Payroll numbers hit new record
The Youth Mobility and Working Holiday schemes have been expanded so more young people will be eligible to live and work in both countries for longer. Young Brits and New Zealanders will benefit from life-changing opportunities on the other side of the world thanks to the expansion of the shared visa schemes. From 29th June … Continue reading UK and New Zealand expand schemes for young people to work abroad
Arrests made by the Home Office during an intelligence-led, pre-dawn immigration operation. Six arrests have been made as part of a Home Office investigation into illegal working in the care sector. Home Office Immigration Enforcement teams executed six warrants at properties on Alma Road, Southampton in a pre-dawn visit on Wednesday 1st March 2023. Immigration … Continue reading Operation targeting illegal working in care industry – six arrested
An interactive map detailing events taking place to celebrate the Coronation has been launched by the Department for Culture, Media and Sport The Culture Secretary has called on the public to add their own events showcasing local celebrations that will bring communities together Comes as the Prime Minister confirms he will host a ‘Big Lunch’ … Continue reading Public encouraged to add Coronation events to digital map
The Ministry of Justice (MoJ) and the Judiciary of England and Wales are calling on employers to join the hundreds already benefitting from supporting staff to volunteer as magistrates. employers stand to benefit from skills staff acquire through magistrate training the Judiciary of England and Wales and MoJ appeal to employers to support the search … Continue reading Employees who volunteer as magistrates prove good for business
Employers are being encouraged to better support women experiencing the menopause as the Government today appointed England’s first ever Menopause Employment Champion. Helen Tomlinson appointed new Menopause Employment Champion and calls on more employers to develop menopause policies One in four women experiencing menopause are reported to have considered leaving their job due to symptoms … Continue reading Government appoints first Menopause Employment Champion to improve workplace support
People are set to benefit from a complete overhaul of student finance, helping them get flexible loan funding to train, retrain and upskill throughout their working lives. The Lifelong Loan Entitlement (LLE) will empower more people to study in a way that works for them, opening up opportunities for those that might have never considered … Continue reading Student finance to be radically transformed from 2025
Thousands have been given more time to fill gaps in their National Insurance record and help increase the amount they receive in State Pension. The government has extended the voluntary National Insurance deadline to 31st July 2023 to give people more time to fill gaps in their National Insurance record and help increase the amount … Continue reading Deadline extension for voluntary National Insurance contributions
The Department for Work and Pensions (DWP)… confirmed it will support proposals to expand Automatic Enrolment, enabling millions of people to save more and to start saving earlier. Jonathan Gullis MP’s Private Members Bill, backed today by the government, grants two extensions to Automatic Enrolment – abolishing the Lower Earnings Qualifying Threshold for contributions and … Continue reading Bill passed to expand pension saving to young and low earners
The Home Office have asked if PAYadvice.UK would share the following information with its readership. 1 March 2023 We are writing to inform you that the ‘Employer’s guide to right to work checks’ available on GOV.UK has been updated: The most significant updates relate to: clarification for employers on the use of Identity Document Validation … Continue reading Right to Work update: Employer’s guidance
The HM Revenue and Customs Software Developer Support Team have confirmed changes to the acceptable P11D submission due from 6th April 2023 and onwards. Although paper forms may still be issued to relevant employees as a copy, the submission of paper forms to HMRC is no longer permitted. In a message to software developers entitled: … Continue reading No more Paper P11Ds to HMRC