Articles and information in relation to UK Payroll for business, employers and employees.
(C)2025 PAYadvice Ltd Simon Parsons of SD Worx, PAYadvice and representing the BCS Oayroll Group (part of the Chartered Institute for IT) was in attendance at the annual HM Fevenue and Customs (HMRC) annual conference. The following is the recently appointed Exchequer Secretaries speech to the conference. The Exchequer Secretary made a speech at the … Continue reading Exchequer Secretary speech to the annual HMRC Conference
On Wednesday 3rd September 2025, the Chancellor Rachel Reeves confirmed that the date of the Budget will be held on Wednesday 26th November 2025 and has commissioned the Office of Budget Responsibility (OBR) to prepare an economic and fiscal forecast. Budget to address economy that’s “not working well enough for working people” In a video message, … Continue reading Autumn 2025 budget date announced
The UK Government announced the increase basis for Statutory Payment rates along with other benefits and have released the proposed rates operational from April 2025. On Wednesday 30th October 2024 the following was announced: I have concluded my statutory annual review of state pension and benefit rates under the Social Security Administration Act 1992. The … Continue reading Statutory Payment Rates 2025 increased by 1.7%
As part of the Autumn Budget 2024 information, the government have confirmed that from April 2026, it will be mandatory to payroll all benefits in kind except for: employment related loans and accommodation Payrolling for these two benefits will be introduced on a voluntary basis, also from April 2026, and the government will set out the … Continue reading Payrolling of benefits mandated – April 2026
28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Over one million properties protected from higher bills by freezing the small business rates multiplier for a fourth consecutive year Government backs British businesses as it sticks to the plan to cut taxes, … Continue reading VAT threshold raised and rates frozen in boost for small business
Plans to boost economic activity while supporting vulnerable people with the cost of living will be driven through by Work and Pensions Secretary Mel Stride, as the Government unveiled its Budget for Long Term Growth. Household Support Fund extended with £500 million of support for the most vulnerable households Equivalent of 200,000 more in employment … Continue reading Employment boost of 200,000 as cost of living support extended
"to make the tax system simpler and fairer" The government announced Tuesday 16th January 2024 as part of a package of measures that supports its ambition to simplify and modernise parts of the tax system. They claim to be doing this by using the efficiencies of digital service to drive public sector productivity and exploring … Continue reading Compulsory Payrolling of benefits on the table for April 2026
Want to know how much the reduction in National Insurance could save you & your friends & family? The government are encouraging the sharing of this new online tool to find out. Hey there! The Government has cut National Insurance Contributions from 12% to 10%! This saves the average worker on a £35,400 salary £450 … Continue reading How much NICs will you save?
At the Autumn Statement 2023 held on 22nd November, a 2% cut in the standard rate of National Insurance was announced with the rate dropping from 12% to 10% effective for payment due from 6th January 2024. If National Insurance is considered a tax, this means a £450 annual tax cut for the average worker … Continue reading 6th Jan 2024 NI cuts – are you ready
HMRC have issued the RD1 Specification for employers substitute forms P60 for the new 2024/2025 tax year. The RD1 guide gives information on how to design substitute forms P60, ‘End of Year Certificate’ which employers may use at the end of the tax year. It also includes information on how to adapt the substitute form … Continue reading 2024/2025 P60 design
Many employers provide benefits, whether as part of standard reward packages or via flexible reward choice programmes utilising Salary Sacrifice or other Optional Remuneration Arrangements (OpRA). The resulting benefits may have implications for Tax, Class 1 NICs and Class 1A with P11D and P11Db obligations. Many of these arrange,ents have developed over long periods of … Continue reading Want to payroll benefits – plan and register soon for 2024/2025
Company van The Van Benefit Charge applies when an employee is provided with a company van and it is used for personal journeys. The Van Fuel Benefit Charge applies where fuel is provided by the employer to cover private use. Company car fuel benefit A director or employee who is provided with a Company Car … Continue reading 2024-2025: Car and van fuel benefit charges
HMRC have issued the December 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents. The next Employer Bulletin is in February 2024 The headline tax measure relevant for employers was: National Insurance Contributions (NICs) rates In this month’s edition there are important updates … Continue reading December 2023 Employer Bulletin
HM Revenue and Customs Software Developers Support Team have issued the following Monday 4th December 2023 and then updated further with the Scottish and Welsh budgets on Wednesday 20th December 2024. Dear PAYadvice.UK Following Scottish and Welsh Budget announcements we can provide the following Income Tax information for 2024-25. Details for England and Northern Ireland … Continue reading Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
The HMRC Software Developers Support Team have confirmed the daily SSP rates. The weekly rate has already been issued as part of prior government announcements. The SSP weekly rate is: (C)PAYadvice Ltd 2023 The associated SSP daily amounts are confirmed as: (C)PAYadvice Ltd 2023 These apply from 6th April 2024. What is left? So software … Continue reading SSP daily rate tables confirmed
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%
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
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
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
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
With the real Living Wage and London Living Wage announced 10% rise on the Tuesday 24th October 2023 - real Living Wage employers have a six month window to apply the rise (if current hourly rates are below) by 1st May 2024. Accredited employers choose the date of change within the six month window allowed. … Continue reading Real Living Wage rise – what about the impact on Statutory Maternity Pay
Dear PAYadvice.UK, I’m pleased to advise that the 2024-25 RTI technical pack for internet submissions is now available on GOV.UK at Real Time Information support for software developers. Our current plans are to implement these artefacts in the test services as follows: • LTS – Wednesday 4th October 2023 • TPVS/ETS - Monday 16th October … Continue reading PAYE RTI 2024-25: technical pack published
During the National Payroll Week, the Chancellor of the Exchequer, Jeremy Hunt, announced on 5th September 2023 that he will present the Autumn Statement 2023 to Parliament on 22nd November. The treasury confirm that the Office for Budget Responsibility (OBR) have been commissioned to prepare an economic and fiscal forecast to be presented to Parliament … Continue reading Autumn Statement set for 22nd November 2023
Welsh Rates of Income Tax (WRIT) The process for Wales involves the UK Government reducing each of the three income tax rates for Welsh taxpayers by 10p. The Welsh Government then decides whether to set the Welsh rates at 10p, thereby retaining parity between Welsh and English taxpayers or to set different rates. Proposed WRIT … Continue reading Welsh Income Tax April 2023
Employers may need to review their reward strategies! With the proposal of the Low Pay Commission (LPC) for a significant rise in the National Living Wage (NLW) and National Minimum Wage (NMW), low paid employees are set to see rises exceeding 9%! And the future prospect of seeing the NLW starting point drop to 21 … Continue reading Significant minimum pay rise may impact employer reward strategies
Following the governments Autumn Statement on 17th November 2022 and indication that benefits would rise by 10.1%, it has been confirmed that the standard rate for: Statutory Maternity Pay (SMP) Shared Parental Pay (ShPP) Statutory Paternity Pay (SPP) Statutory Adoption Pay (SAP) And Statutory Parental Bereavement Pay (SPBP) will increase from the current £156.66 to … Continue reading Statutory Parental Payment increased by 10.1% from April 2023 to £172.48
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where details are not currently known these are marked as TBA and we will provide further information as soon as we receive it. 2023-2024 Personal Allowance: £12,570PAYE Thresholds: Weekly: £242Monthly: £1,048Standard / Emergency tax code: 1257LTax Code uplifts: … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor set out the government’s plan to put public spending on a sustainable footing and get debt falling, while protecting vital public services and prioritising the needs of the most vulnerable. Full details are set out … Continue reading Autumn Statement 2022
The government states it is committed to ending low pay. From 1st April 2023, the National Living Wage (NLW) will increase by 9.7% to £10.42 an hour for workers aged 23 and over - the largest ever cash increase for the NLW. This represents an increase of over £1,600 to the annual earnings of a … Continue reading National Minimum and Living Wage rise for April 2023
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect high-quality public services and build long-term prosperity for the United Kingdom. Chancellor unveils a plan for stability, growth, and public services. Tackling inflation is top of the priority list to stop it eating into paycheques … Continue reading Chancellor delivers plan for stability, growth and public services
From today , 6 November 2022, the 1.25% point cut to National Insurance rates for employees and employers takes effect across the UK. The reversal of April’s rise in National Insurance takes effect across the UK from today Added to July’s increase in National Insurance thresholds, almost 30 million people will be £500 better off … Continue reading Reversal of National Insurance Increase takes effect
The Prime Minister Rishi Sunak and the Chancellor Jeremy Hunt have agreed that the Autumn Statement will now be delivered on 17th November 2022 along with the Office for Budget Responsibility (OBR) forecast. It is to include the United Kingdom’s medium term fiscal plan to put public spending on a sustainable footing, get debt falling … Continue reading Autumn Statement 17th November 2022