Find out how Income Tax and National Insurance contributions apply when you receive cryptoassets (like cryptocurrency or bitcoin). HM Revenue … Continue reading Taxing Cryptoassets
Taxing Cryptoassets
Month: April 2025
Tax Update Spring 2025: Simplification, Administration, and Reform
On the afternoon of Monday 28th April 2025, the Exchequer Secretary to the Treasury (XST) made a written ministerial statement to parliament … Continue reading Tax Update Spring 2025: Simplification, Administration, and Reform
Payrolling of benefits mandation delayed until April 2027
HM Revenue and Customs have announced and confirmed that the planned implementation of mandatory Payrolling that was originally announced as … Continue reading Payrolling of benefits mandation delayed until April 2027
Can I change a Salary Sacrifice to a net deduction?
With the significant increases to National Minimum and National Living Wage, a number of questions are being raised by employers … Continue reading Can I change a Salary Sacrifice to a net deduction?
Operate PAYE on a proportion of a globally mobile employee’s income and changes to Overseas Workday Relief
From 6th April 2025 previous rules for non-domicile status have ended and replaced by a system based on tax residence. … Continue reading Operate PAYE on a proportion of a globally mobile employee’s income and changes to Overseas Workday Relief
Freeport and Investment Zones – report the postcode on FPS
Freeport and Investment Zone special tax sites — employer National Insurance contributions relief guidance update From 6th April 2025, eligible … Continue reading Freeport and Investment Zones – report the postcode on FPS
NI letters B, E, I, T – gender and birth date matching (Married Women’s and Widows reduced rate)
Check if you need to amend your payroll for female employees who pay less National Insurance Married women’s and widows’ … Continue reading NI letters B, E, I, T – gender and birth date matching (Married Women’s and Widows reduced rate)
April 2025 Employer Bulletin
Dear PAYadvice.UK HMRC have issued the April 2025 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading April 2025 Employer Bulletin
More than 1,000 directors disqualified in 2024-2025
The latest statistics for Insolvency Service enforcement outcomes… outline Covid loan abuse and bankruptcy restriction orders. More than 1,000 directors … Continue reading More than 1,000 directors disqualified in 2024-2025
Payroll dates – what affects what?
PAYadvice.UK sees a number of social posts and questions around the effective payroll dates when crossing from the 2024/2025 tax … Continue reading Payroll dates – what affects what?
When NET is not what you think!
What should be one of the most simplest terms in use turns out to be one of the most complicated. … Continue reading When NET is not what you think!
What does my tax code mean?
What is the tax code for? The government collects Income Tax to fund public services in the U.K. it pays … Continue reading What does my tax code mean?
New Lifelong Learning Entitlement (LLE)
New post-18 student-finance system from the 2026 to 2027 academic year. The Lifelong Learning Entitlement (LLE) applies to England and … Continue reading New Lifelong Learning Entitlement (LLE)
Has Statutory Sick Pay (SSP) changed?
A number of articles published via a news agencies and news outlets have implied that there were significant changes to … Continue reading Has Statutory Sick Pay (SSP) changed?
Am I entitled to pay for Overtime?
On social media groups relating to employment law and others on pay, often there are questions on individual rights to … Continue reading Am I entitled to pay for Overtime?
£1.5 million fund to support Windrush compensation applicants
A dedicated community support will deliver justice for victims of the Windrush scandal, ensure they have their voices heard and … Continue reading £1.5 million fund to support Windrush compensation applicants
The National Minimum Wage in 2025 – LPC
On 1st April 2025, minimum wage rates have increased. This short report from the Low Pay Commission looks at the … Continue reading The National Minimum Wage in 2025 – LPC
Happy 6th Birthday PAYadvice.UK – over 1/4 million hits this year
Wishing PAYadvice Ltd a very happy 6th Birthday. May there be many more. On 9th April 2019 PAYadvice Ltd was … Continue reading Happy 6th Birthday PAYadvice.UK – over 1/4 million hits this year
Good practice umbrella companies
Actions to take as an umbrella company to support compliance and best practice in the temporary labour market. Prior evidence … Continue reading Good practice umbrella companies
Employment allowance guides updated for April 2025
The HM Revenue and Customs have updated and issued its guidance on claiming the uplifted £10,500 employment allowance which can … Continue reading Employment allowance guides updated for April 2025
Call for evidence to break down barriers to opportunity at work
Call for evidence launched to will enable business, trade unions and civil society to shape action helping everyone, no matter … Continue reading Call for evidence to break down barriers to opportunity at work
Business leaders supported to bolster online defences
Directors and company boards are being urged to shore up their cyber defences using new guidance, in a bid to … Continue reading Business leaders supported to bolster online defences
Over 100,000 Baby Loss Certificates issued
More than 100,000 baby loss certificates have now been issued to parents who have lost a pregnancy, allowing them to … Continue reading Over 100,000 Baby Loss Certificates issued
Holidays and Easter 2025
With the Easter Break coming upon us soon, some workers and employees may be wodnering what their rights are to … Continue reading Holidays and Easter 2025
Income boost for millions of pensioners and working people.
Millions of pensioners receive as much as £470 more a year added to their State Pension due to the pensions … Continue reading Income boost for millions of pensioners and working people.
Frozen Credit Cards, branded merch and away days banned by Gov
Spending taxpayer money on unnecessary branded merchandise and staff ‘away days’ will be banned in the latest crackdown on wasteful … Continue reading Frozen Credit Cards, branded merch and away days banned by Gov
Fake reviews and sneaky hidden fees banned
Outrageous fake reviews and sneaky hidden fees are now banned once and for all in a major win for consumers … Continue reading Fake reviews and sneaky hidden fees banned
Electric Company Car Tax increases +50%
As the New Tax Year day 6th April 2025 arrives, so does a plethora of changes to taxation. For those … Continue reading Electric Company Car Tax increases +50%
Happy New (Tax) Year 2025
Here it is again, the start of a New Tax Year. Often when meeting with payroll and tax professionals from … Continue reading Happy New (Tax) Year 2025
New minimum wage rates for pay periods starting from 1st April 2025
Over 3 million eligible workers are to receive a pay rise of up to £1,400 a year as new National … Continue reading New minimum wage rates for pay periods starting from 1st April 2025
National Insurance Tables published for 2025/2026
With the increase to employers secondary National Insurance to 15% and the lowering of the Secondary Threshold to £5,000 per … Continue reading National Insurance Tables published for 2025/2026
UK seeks business views on response to US tariffs
UK Government launches next stage in process asking UK businesses to comment on options to shape UK’s potential response to … Continue reading UK seeks business views on response to US tariffs
PM addresses business leaders – re USA
Prime Minister's remarks delivered to UK business leaders in 10 Downing Street Thank you for joining me in Downing Street … Continue reading PM addresses business leaders – re USA
April 2025 Child Benefit boost
Child Benefit payments set to increase from Monday 7th April 2026 Child Benefit payments to increase from Monday 7th April … Continue reading April 2025 Child Benefit boost
Careers guidance for students from lower socioeconomic backgrounds ‘variable’
Careers guidance for post-16 students from lower socioeconomic backgrounds can vary in quality, a new report from Ofsted has found. … Continue reading Careers guidance for students from lower socioeconomic backgrounds ‘variable’
DBS strategy and business plan for 2025 to 2028
The Disclosure and Barring Service has launched its new strategy and business plan, detailing the strategic direction of DBS for … Continue reading DBS strategy and business plan for 2025 to 2028
Parents to save thousands through school-based nursery places
300 new school-based nurseries approved in first round of funding, delivering on manifesto pledge with massive boost to early education. … Continue reading Parents to save thousands through school-based nursery places
Self Assessment student loan repayments and payrolled benefits in kind
Payrolled Benefits In Kind (PBIK) From the tax year 2024 to 2025 and onwards, a new box has been added … Continue reading Self Assessment student loan repayments and payrolled benefits in kind
IR35 Off Payroll Working – trigger threshold change
Changes to company size thresholds for off-payroll working Where an engager or business needs to consider the off-payroll working (OPW) … Continue reading IR35 Off Payroll Working – trigger threshold change
Payroll and the importance of postcodes
UK Postcodes The UK postcode is a combination of between five and seven letters and numbers which define four different … Continue reading Payroll and the importance of postcodes