Prescription charge freeze

Freeze will help ease the cost of living pressures on households, saving £17 million overallComes alongside record government NHS investment to tackle the Covid backlog and reduce waiting times NHS prescription charges will be frozen for the first time in 12 years to help with the cost of living. Charges usually increase in line with … Continue reading Prescription charge freeze

April 2022 HMRC Employer Bulletin

HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them. In April 2032edition of the Employer Bulletin there are important updates and information on: PAYE PAYE Settlement Agreements deadline Electronic payment deadline falls on a weekend Classification of company cars or … Continue reading April 2022 HMRC Employer Bulletin

Health and Social Care Levy to raise billions for NHS and social care

From Wednesday 6th April 2022, the Health and Social Care Levy will begin to raise billions to tackle the Covid backlogs and reform adult social care From Wednesday 6th April 2022, the Health and Social Care Levy comes into effect and begins to raise billions to help tackle the Covid backlogs and reform the adult … Continue reading Health and Social Care Levy to raise billions for NHS and social care

Next steps for living with COVID

New guidance, from the Department of Health and Social Care, outlines free COVID-19 tests will continue to be available to help protect specific groups once free testing for the general public ends on 1st April 2022 Free COVID-19 tests will continue to be available to specific groups including eligible patients and NHS and care staff … Continue reading Next steps for living with COVID

Employment allowance increased to £5,000

As part of the spring statement initiatives, the Chancellor, Rishi Sunak, has announced an increase to the Employment Allowance from £4,000 to £5,000 Employment Allowance is a relief which allows eligible businesses to reduce their employer National Insurance contributions (NICs) bills each year Around 495,000 businesses (30% of all businesses) benefit from the increase, including … Continue reading Employment allowance increased to £5,000

Health and Social Care – National Insurance contribution uplift

HMRC have issued the following communication to UK employers to assist informing employees of the reason for the increase in National Insurance contributions that apply from 6th April 2022. Dear PAYadvice, We would appreciate your assistance to help… employees understand that the increased National Insurance contribution of 1.25 percentage points from 6‌‌‌ ‌‌April 2022 is … Continue reading Health and Social Care – National Insurance contribution uplift

February 2022 HMRC Employer Bulletin

HMRC publishes their Employer Bulletin online 6 times a year, providing employers and agents with the latest information on topics and issues that may affect them. In the February 2022 edition there are important updates and information on: PAYE Basic PAYE Tools ― new release Changes to our Employer Helpline processes Health and Social Care … Continue reading February 2022 HMRC Employer Bulletin

Health and Care Visa scheme expanded

Care workers, care assistants and home care workers to become eligible for Health and Care Visa for 12 month period Care staff to be added to the Shortage Occupation List in response to pandemic pressuresVisa Boost complements £462.5m investment in Workforce Recruitment and Retention Fund Thousands of additional care workers can be recruited to boost … Continue reading Health and Care Visa scheme expanded

HMRC December 2021 Employer Bulletin

HMRC have issued the December 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are important updates and information on the following: PAYE Health and Social Care – National Insurance contribution increaseNational Insurance holiday for employers of veteransReporting benefits and expenses in real-timeEmployers using Category M National … Continue reading HMRC December 2021 Employer Bulletin

Software Developers HMRC NI Guidance 2022/2023 EB5 (updated to reflect the Spring Statement 2022)

The HMRC Software Support Team (SDST) have issued the National Insurance Contributions guidance for software developers. 6th April 2022 - 5th July 2022 Originally issued in January 2022 and intended to be applicable for the full tax year, NI plans changed by announcement at the governments Spring Statement 2022. This first version now relates to … Continue reading Software Developers HMRC NI Guidance 2022/2023 EB5 (updated to reflect the Spring Statement 2022)

Health and Social Care payslip message issued

On 7th September 2021, the government announced a new 1.25% Health and Social Care Levy to fund investment in the NHS and social care. The Levy will be effectively introduced from April 2022 when National Insurance Contributions (NICs) for working age employees, self-employed people and employers will increase by 1.25% and be added to the … Continue reading Health and Social Care payslip message issued

Legislation update 2022 for payroll

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Following the successful Legislation update 2021 for payroll by PAYadvice.UK with 19,500 hits and downloads since its launch at the beginning of 2021, following the UK budget on 27th October trigger and confirming a number of payroll changes for April 2022, along with announcement by States of Guernsey and States of Jersey - PAYadvice.UK have … Continue reading Legislation update 2022 for payroll

Dividend tax increase April 2022

Since April 2016, the rates of Income Tax applicable to dividend income have been 7.5%, 32.5% and 38.1% for basic, higher and additional rate taxpayers respectively. Any individual who has dividend income can benefit from the dividend allowance which has been set at £2,000 since April 2018. Dividends within the allowance are not charged to … Continue reading Dividend tax increase April 2022

HMRC Agent Update 89 has been published (October 2021)

Dear PAYadvice.UK, Agent Update: issue 89 is now available and contains the latest guidance and information for tax agents and advisers. This edition of Agent Update includes: •Coronavirus Job Retention Scheme •declaring coronavirus support schemes overpayments on company tax returns •Health and Social Care Levy •employers liabilities and payments for PAYE •updates to HMRC appeals processes. … Continue reading HMRC Agent Update 89 has been published (October 2021)

HMRC October 2021 Employer Bulletin

HMRC have issued the October 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are updates and information on the following: PAYE Tax changes for health and social care Business Tax Account and Pay As You Earn (PAYE) for employers Reporting PAYE information in real time when … Continue reading HMRC October 2021 Employer Bulletin

Health and Social Care Levy – Dividends

From next April the government will create a new, UK-wide, 1.25 per cent Health and Social Care Levy with dividends tax rates increasing by 1.25% points.. By increasing dividends tax rate the government is asking better-off business owners and investors to make a fair contribution. Dividend tax is charged on taxable dividend income an individual … Continue reading Health and Social Care Levy – Dividends

Health and Social Care levy rates – National Insurance

From April 2022 the government we will create a new, UK-wide, 1.25 per cent Health and Social Care Levy on earned income, hypothecated in law to health and social care. The new levy will share the cost between individuals and businesses, and everyone is to contribute according to their means, including those above State Pension … Continue reading Health and Social Care levy rates – National Insurance