Paul Maynard, Minister for Pensions Minister for Pensions Paul Maynard addressed an audience at the Professional Pensions Investment Conference on … Continue reading Putting savers at the forefront and supporting the UK economy
Month: November 2023
Date set for new childcare offer applications
Applications open on 2nd January 2024 for the first wave of new government-funded childcare offers. Applications for the first wave … Continue reading Date set for new childcare offer applications
Statutory Payment Rates 2024 increased by 6.7%
The UK Government have announced the increase basis for Statutory Payment rates along with other benefits and have released the … Continue reading Statutory Payment Rates 2024 increased by 6.7%
Leasehold reforms – rights and protections for homeowners
Leasehold and Freehold Reform Bill introduced to Parliament… will give homeowners a fairer deal, and greater rights and protections. Millions … Continue reading Leasehold reforms – rights and protections for homeowners
Company Car Tax 2024
As part of the Autumn Statement documentation Annex A, the company car tax rates for April 2024 have been confirmed … Continue reading Company Car Tax 2024
Income Tax 2024/2025
As part of the Autumn Statement 2023, the government have provided the following information on the operation of Income Tax … Continue reading Income Tax 2024/2025
Autumn Statement 2023: National Insurance Factsheet
A factsheet setting out details of cuts to main rates of National Insurance for employees and the self-employed. HM Treasury … Continue reading Autumn Statement 2023: National Insurance Factsheet
Inappropriate use of agency drivers
Traffic Commissioner for the East of England, Richard Turfitt, took action following attempts to circumvent the HM Revenue and Customs … Continue reading Inappropriate use of agency drivers
Data protection law revisions
‘Common sense changes to the Data Protection and Digital Information Bill will safeguard the public, prevent fraud, and unlock post-Brexit … Continue reading Data protection law revisions
Up to £600 winter support for pensioners
Payments of up to £600 are landing directly in the bank accounts of around 11.5 million UK pensioners for the … Continue reading Up to £600 winter support for pensioners
NI reduction bill presented
Following the Autumn Statement 2023 held on Wednesday 22nd November, As promised by Chancellor, the government have laid a bill … Continue reading NI reduction bill presented
Paid Worked Hours on FPS!
As part of the Autumn Statement announcements on Wednesday 22nd November 2023, HM Revenue and Customs (HMRC) has confirmed a … Continue reading Paid Worked Hours on FPS!
Reduction in NI = reduction in employee salary sacrifice benefit
With the governments Autumn Statement reduction of 2% in the standard rate of National Insurance Contributions from the current 12% … Continue reading Reduction in NI = reduction in employee salary sacrifice benefit
Payroll 2023-24: January 2024 changes to NICs
Following the Autumn Statement announcement n the 2 percentage reduction in employee National Insurance contributions, the HMRC Software Developers Support … Continue reading Payroll 2023-24: January 2024 changes to NICs
Right to Work – Illegal Working Penalties Code of Practice
Published Draft Illegal Working Penalties Code of Practice Home Office has published a draft code of practice on illegal working penalties, … Continue reading Right to Work – Illegal Working Penalties Code of Practice
National Insurance rates cut by 2 percent
As part of the Autumn Statement, the Chancellor of the Exchequer Jeremy Hunt has announced a shock mid year change … Continue reading National Insurance rates cut by 2 percent
Largest ever increase to minimum wage
(c) PAYadvice Ltd The Government has announced Tuesday 21st November 2023 its acceptance of the Low Pay Commission’s recommendations on … Continue reading Largest ever increase to minimum wage
Record wage boost for nearly 3 million workers – April 2024
Biggest ever increase to the National Living Wage, worth over £1,800 a year for a full-time worker… Since 2010 the … Continue reading Record wage boost for nearly 3 million workers – April 2024
Employment support launched -Back to Work
New Back to Work Plan to help up to 1,100,000 people with long-term health conditions, disabilities or long-term unemployment to … Continue reading Employment support launched -Back to Work
Relevant motoring expenditure and National Insurance
As part of the HMRC agent update 114, information has been shared on the reclaiming of NI following the Upper … Continue reading Relevant motoring expenditure and National Insurance
Home and company EV charging – HMRC view change
HMRC has published amended guidance in the Employment Income Manual (EIM23900) and introduced new guidance in the National Insurance Manual (NIM06440) about a change … Continue reading Home and company EV charging – HMRC view change
Food delivery account sharing concern
Uber Eats, Deliveroo and Just Eat urged to end unchecked account sharing to protect the public. Food delivery firms have … Continue reading Food delivery account sharing concern
Jersey 2024
The states of jersey issued information on changes applicable from 1st January 2024. 2024 Minimum Wage The minimum wage from … Continue reading Jersey 2024
Laura Trott moved from Pensions to Treasury
Laura Trott has been moved across as Chief Secretary to the Treasury on Monday 13th November 2023. She replaces John … Continue reading Laura Trott moved from Pensions to Treasury
Rolled Up Holiday Pay choice for Employers
For holiday years starting on or after 1st April 2024, Employers will be permitted to calculate annual leave entitlement as … Continue reading Rolled Up Holiday Pay choice for Employers
TUPE consultation change
The government has responded to the consultation on reforms to retained EU employment law in relation to consultation requirements under … Continue reading TUPE consultation change
Change to Working Time record keeping
The government has responded to the consultation on reforms to retained EU employment law and the consultation on the Working … Continue reading Change to Working Time record keeping
Obsolete and burdensome EU rules to be removed from UK law
Proposed reforms allow businesses additional freedoms while retaining the UK’s world leading workers’ rights Proposals include reducing record keeping requirements … Continue reading Obsolete and burdensome EU rules to be removed from UK law
Holiday consultation – the response
The government has responded to the consultation on reforms to retained EU employment law and the consultation on calculating holiday … Continue reading Holiday consultation – the response
The Kings Speech – Nov 2023
The first Kings Speech in 70 years to the UK parliaments took place in the House of Lords on Tuesday … Continue reading The Kings Speech – Nov 2023
Marriage Allowance: find out if you could be better off in just 30 seconds
Couples who are married or in a civil partnership are being urged by HM Revenue and Customs (HMRC) to spend … Continue reading Marriage Allowance: find out if you could be better off in just 30 seconds
Four day week – council receives formal warning
A formal notice has been issued to South Cambridgeshire District Council to ensure taxpayers’ money is well spent after concerns … Continue reading Four day week – council receives formal warning
‘End the scourge of insecure work’ – TUC
In a TUC blog and news article by Anjum Klair for the Trades Union Congress (TUC) - BME women far … Continue reading ‘End the scourge of insecure work’ – TUC
The Payroll Service Summit – part 3 – Resourcing your payroll team for success
The part 3 session was a small panel discussion on resourcing the payroll team fit success. An interactive q and … Continue reading The Payroll Service Summit – part 3 – Resourcing your payroll team for success
The Payroll Services Summit – Part 2 – Leveraging payroll data to drive value
The second session at the PayDashboard/Experian event was presented by BDO. The session looked at leveraging payroll data. With increasing … Continue reading The Payroll Services Summit – Part 2 – Leveraging payroll data to drive value
The Payroll Services Summit – opening and part 1
PAYadvice.UK is pleased to be at the Payroll Services Summit in the centre of the City of London at the … Continue reading The Payroll Services Summit – opening and part 1
£146 million in bonus payments for Help to Save
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus … Continue reading £146 million in bonus payments for Help to Save