Articles and information in relation to UK Payroll for business, employers and employees.
Paul Maynard, Minister for Pensions Minister for Pensions Paul Maynard addressed an audience at the Professional Pensions Investment Conference on Thursday 23 November 2023. Thank you all for joining me today and thank you to the Professional Pensions Investment Conference for hosting me so generously. My job as Minister for Pensions is to ensure that … Continue reading Putting savers at the forefront and supporting the UK economy
Applications open on 2nd January 2024 for the first wave of new government-funded childcare offers. Applications for the first wave of the rollout of the expansion of free childcare for working parents will open on 2nd January 2024. From January, eligible working parents of 2-year-olds will be able to register to access 15 hours free … Continue reading Date set for new childcare offer applications
The UK Government have announced the increase basis for Statutory Payment rates along with other benefits and have released the proposed rates operational from April 2024. On Wednesday the 22nd November 2023 the following was announced: The Secretary of State for Work and Pensions (Mel Stride) I have concluded my statutory annual review of state pension … Continue reading Statutory Payment Rates 2024 increased by 6.7%
Leasehold and Freehold Reform Bill introduced to Parliament… will give homeowners a fairer deal, and greater rights and protections. Millions of homeowners in England and Wales will be given greater rights, powers, and protections as part of the most significant reforms to the leasehold system for a generation. The Leasehold and Freehold Reform Bill, introduced … Continue reading Leasehold reforms – rights and protections for homeowners
As part of the Autumn Statement documentation Annex A, the company car tax rates for April 2024 have been confirmed as frozen at the same levels as from April 2023. The next rise occurs from April 2025. For all cars, drivers must add 4% to their appropriate percentage if the car is propelled solely by … Continue reading Company Car Tax 2024
As part of the Autumn Statement 2023, the government have provided the following information on the operation of Income Tax for the 2024/2025 tax year. Could any of this change in the spring budget 2024, we will have to wait and see. For the time being the following apply: Income Tax - Personal Allowance’s The … Continue reading Income Tax 2024/2025
A factsheet setting out details of cuts to main rates of National Insurance for employees and the self-employed. HM Treasury have issued a factsheet outlining more information on the National Insurances changes announced at the Autumn Statement on Wednesday 22nd November 2023. They have issued the following which is also available by clicking on the … Continue reading Autumn Statement 2023: National Insurance Factsheet
Traffic Commissioner for the East of England, Richard Turfitt, took action following attempts to circumvent the HM Revenue and Customs guidance on the employment of drivers. The operator, Enero Logistics Ltd, had previously been at public inquiry in June 2022 when it undertook to provide evidence to show financial standing and that permanent drivers would … Continue reading Inappropriate use of agency drivers
‘Common sense changes to the Data Protection and Digital Information Bill will safeguard the public, prevent fraud, and unlock post-Brexit opportunities.’ Data Protection and Digital Information Bill amendments have been tabled to further improve data security, bolster national security and prevent fraud changes include better use of data to identify fraud - tackling benefits cheats … Continue reading Data protection law revisions
Payments of up to £600 are landing directly in the bank accounts of around 11.5 million UK pensioners for the second year running. Comes as part of a Government package helping people of all ages, including recent £300 Cost of Living payments to more than seven million eligible households. The Government also confirmed an 8.5 … Continue reading Up to £600 winter support for pensioners
Following the Autumn Statement 2023 held on Wednesday 22nd November, As promised by Chancellor, the government have laid a bill to cut National Insurance from 6th January 2024. It is claimed that the average employee will save up to £450 next year. ‘Just one part of the biggest package of tax cuts to be implemented … Continue reading NI reduction bill presented
As part of the Autumn Statement announcements on Wednesday 22nd November 2023, HM Revenue and Customs (HMRC) has confirmed a new measure which will require businesses to change the information they provide for both income tax self-assessment and real-time returns completed by employers. So these changes will impact the Real Time Information (RTI) Full Payment … Continue reading Paid Worked Hours on FPS!
With the governments Autumn Statement reduction of 2% in the standard rate of National Insurance Contributions from the current 12% to a new 10% from 6th January 2024, it’s all good news for those who pay National Insurance. Salary Sacrifice arrangements have remained popular with employees often able to benefit by the reduction of the … Continue reading Reduction in NI = reduction in employee salary sacrifice benefit
Following the Autumn Statement announcement n the 2 percentage reduction in employee National Insurance contributions, the HMRC Software Developers Support Team (SDSTeam) have issued the following. Dear Developer On 22 November, the Government announced changes to National Insurance contributions (NICs) rates for the current tax year. Please note that these changes are subject to Parliamentary … Continue reading Payroll 2023-24: January 2024 changes to NICs
Published Draft Illegal Working Penalties Code of Practice Home Office has published a draft code of practice on illegal working penalties, which sets out the prescribed checks that employers should conduct to avoid a civil penalty in the event of illegal working. This code has been laid in draft and will come into force on 22nd … Continue reading Right to Work – Illegal Working Penalties Code of Practice
As part of the Autumn Statement, the Chancellor of the Exchequer Jeremy Hunt has announced a shock mid year change to National Insurance contribution for employees. The 12% rate is returned to 10%. Payroll software and employers will need to ready themselves to implement the changes in readiness for the new calendar year to be … Continue reading National Insurance rates cut by 2 percent
(c) PAYadvice Ltd The Government has announced Tuesday 21st November 2023 its acceptance of the Low Pay Commission’s recommendations on minimum wage rates to apply for pay period starting on or after 1st April 2024. We judge that this recommendation for the NLW will achieve the target first set by the Government in 2019 – … Continue reading Largest ever increase to minimum wage
Biggest ever increase to the National Living Wage, worth over £1,800 a year for a full-time worker… Since 2010 the National Living Wage has doubled in cash terms from around £10,500 to nearly £21,000 a year for a full-time worker. For the first time, 21-year-olds on the National Living Wage will always earn two-thirds of … Continue reading Record wage boost for nearly 3 million workers – April 2024
New Back to Work Plan to help up to 1,100,000 people with long-term health conditions, disabilities or long-term unemployment to look for and stay in work. Additional support comes alongside tougher sanctions for people who don’t look for work, as part of the next generation of welfare reforms. Includes exploring reforms of the fit note … Continue reading Employment support launched -Back to Work
As part of the HMRC agent update 114, information has been shared on the reclaiming of NI following the Upper Tribunal ruling, When employees use their own car for work, relief from income tax and an equivalent disregard from Class 1 National Insurance contributions can be due based on business miles driven. For National Insurance, … Continue reading Relevant motoring expenditure and National Insurance
HMRC has published amended guidance in the Employment Income Manual (EIM23900) and introduced new guidance in the National Insurance Manual (NIM06440) about a change in home charging of electric vehicles. Section 239 of the Income Tax (Earning and Pensions) Act 2003 (ITEPA) provides exemption on payments and benefits provided in connection with company cars and vans. This exempts aspects … Continue reading Home and company EV charging – HMRC view change
Uber Eats, Deliveroo and Just Eat urged to end unchecked account sharing to protect the public. Food delivery firms have been urged to conduct checks on all delivery drivers, to protect the British public and prevent illegal working. Immigration Minister Robert Jenrick has demanded Uber Eats, Deliveroo and Just Eat end the practice of unchecked … Continue reading Food delivery account sharing concern
The states of jersey issued information on changes applicable from 1st January 2024. 2024 Minimum Wage The minimum wage from 1st January 2024 is increased to £11.64 an hour. Harmonisation of trainee rates The year 1 and year 2 trainee rates are harmonised with the minimum wage rate with effect from 1st January 2024 and … Continue reading Jersey 2024
Laura Trott has been moved across as Chief Secretary to the Treasury on Monday 13th November 2023. She replaces John Glen. She was previously Parliamentary Under Secretary of State at the Department for Work and Pensions ( the pensions minister) between 27th October 2022 and 13th November 2023. The Chief Secretary (CST) is responsible for … Continue reading Laura Trott moved from Pensions to Treasury
For holiday years starting on or after 1st April 2024, Employers will be permitted to calculate annual leave entitlement as 12.07% of the hours worked in a pay period for irregular hours workers and part-year workers in the first year of employment and beyond. This does not apply to workers with regular hours who continue … Continue reading Rolled Up Holiday Pay choice for Employers
The government has responded to the consultation on reforms to retained EU employment law in relation to consultation requirements under TUPE. The Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE) implement the EU Acquired Rights Directive. The purpose of the TUPE Regulations is to protect employees’ employment rights when the business or undertaking for … Continue reading TUPE consultation change
The government has responded to the consultation on reforms to retained EU employment law and the consultation on the Working Time Regulation record keeping requirements. . They will legislate to introduce reforms to the working time regulations. In brief, the government propose to reform or introduce the changes to reduce time-consuming reporting requirements under the … Continue reading Change to Working Time record keeping
Proposed reforms allow businesses additional freedoms while retaining the UK’s world leading workers’ rights Proposals include reducing record keeping requirements around Working Time Regulations and simplifying the calculation of holiday pay and entitlement British businesses could save up to £1 billion a year as the Government confirms plans to remove unnecessary and outdated bureaucracy following … Continue reading Obsolete and burdensome EU rules to be removed from UK law
The government has responded to the consultation on reforms to retained EU employment law and the consultation on calculating holiday entitlement for irregular hours and part-time (IH&PT) workers. They will legislate to introduce reforms to annual leave and holiday pay calculations in the working time regulations. In brief, the government propose to reform or introduce … Continue reading Holiday consultation – the response
The first Kings Speech in 70 years to the UK parliaments took place in the House of Lords on Tuesday 7th November 2023. The King announced the upcoming programme of the government. My Ministers will take steps to make the economy more competitive, taking advantage of freedoms afforded by the United Kingdom’s departure from the … Continue reading The Kings Speech – Nov 2023
Couples who are married or in a civil partnership are being urged by HM Revenue and Customs (HMRC) to spend just 30 seconds to see if they can claim Marriage Allowance and boost their finances by up to £252 a year. By using HMRC’s online Marriage Allowance calculator during Talk Money Week, couples can find … Continue reading Marriage Allowance: find out if you could be better off in just 30 seconds
A formal notice has been issued to South Cambridgeshire District Council to ensure taxpayers’ money is well spent after concerns were raised over its four-day working week trial. A Best Value Notice, issued by the Department for Levelling Up, Housing and Communities, formally sets out government concerns around the council and whether the trial offers … Continue reading Four day week – council receives formal warning
In a TUC blog and news article by Anjum Klair for the Trades Union Congress (TUC) - BME women far more likely to be on zero-hours contracts Analysis shows Black and minority ethnic (BME) women are nearly three times as likely to be on zero-hours contracts than white men. The TUC warns that “structural racism … Continue reading ‘End the scourge of insecure work’ – TUC
The part 3 session was a small panel discussion on resourcing the payroll team fit success. An interactive q and a session with delegates able to post questions via slido. How is the industry going to recruit and retain new blood. Often payroll is seen as a cost area within a business. Business case for … Continue reading The Payroll Service Summit – part 3 – Resourcing your payroll team for success
The second session at the PayDashboard/Experian event was presented by BDO. The session looked at leveraging payroll data. With increasing legislative requirements being placed by government on data requirements, the information held within payroll has increased. The payroll industry has been driven to be more dynamic with change. So key data is now held in … Continue reading The Payroll Services Summit – Part 2 – Leveraging payroll data to drive value
PAYadvice.UK is pleased to be at the Payroll Services Summit in the centre of the City of London at the Banking Hall. The first session was from Mathew Akrigg if the CIPP. The first area covered was the changes from April 2024 to the payment of paternity leave and pay with the new option to … Continue reading The Payroll Services Summit – opening and part 1
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus payments. Help to Save account holders have received £146 million in bonus payments since the scheme launched in September 2018 and HM Revenue and Customs (HMRC) is urging individuals to take advantage of the generous … Continue reading £146 million in bonus payments for Help to Save