The following information has been issued by HMRC following the government spring budget held on Wednesday 6th March 2024. Dear … Continue reading HMRC – Spring Budget 2024
HMRC – Spring Budget 2024
Category: National Insurance
April 2024 changes to NICs
The HMRC Software Developer Support Team have issued the following to developers in relation to the 2 percentage point cut … Continue reading April 2024 changes to NICs
Budget 2024 – Payroll impacts etc.
The budget 2024, Wednesday 6th March 2024, announced a number of changes , some of which impact payroll software, service … Continue reading Budget 2024 – Payroll impacts etc.
Isle of Man budget 2024 changes
Sustainable finances and long-term stability were the key themes when Treasury Minister Dr Alex Allinson MHK unveiled his second Budget … Continue reading Isle of Man budget 2024 changes
Compulsory Payrolling of benefits on the table for April 2026
"to make the tax system simpler and fairer" The government announced Tuesday 16th January 2024 as part of a package … Continue reading Compulsory Payrolling of benefits on the table for April 2026
How much NICs will you save?
Want to know how much the reduction in National Insurance could save you & your friends & family? The government … Continue reading How much NICs will you save?
6th Jan 2024 NI cuts – are you ready
At the Autumn Statement 2023 held on 22nd November, a 2% cut in the standard rate of National Insurance was … Continue reading 6th Jan 2024 NI cuts – are you ready
HM Armed Forces Veteran Card launches in the New Year
The Ministry of Defence working with the Office for Veterans’ Affairs and Government Digital Services has develop a new digital … Continue reading HM Armed Forces Veteran Card launches in the New Year
National Insurance change for directors – are you ready
As a result of the Autumn Statement reduction in NIC standard rates by 2% from 12% to 10%, employees will … Continue reading National Insurance change for directors – are you ready
2024/2025 P60 design
HMRC have issued the RD1 Specification for employers substitute forms P60 for the new 2024/2025 tax year. The RD1 guide … Continue reading 2024/2025 P60 design
Claim NIC rebates on relevant mileage
Impact of recent Upper Tribunal decision on National Insurance contributions When employees use their own car for work, relief from … Continue reading Claim NIC rebates on relevant mileage
Want to payroll benefits – plan and register soon for 2024/2025
Many employers provide benefits, whether as part of standard reward packages or via flexible reward choice programmes utilising Salary Sacrifice … Continue reading Want to payroll benefits – plan and register soon for 2024/2025
December 2023 Employer Bulletin
HMRC have issued the December 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading December 2023 Employer Bulletin
Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
HM Revenue and Customs Software Developers Support Team have issued the following Monday 4th December 2023 and then updated further … Continue reading Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
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
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
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
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
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
Thousands of veteran cards to be rolled out
Thousands more veterans will receive HM Armed Forces Veteran Cards by the end of the year…. to expand the roll-out … Continue reading Thousands of veteran cards to be rolled out
October 2023 Employer Bulletin
HMRC have issued the October 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading October 2023 Employer Bulletin
HMRC name three more tax avoidance schemes that don’t work
They we have added (25th September 2023) three more names to the published list of tax avoidance schemes Olympus Contracting … Continue reading HMRC name three more tax avoidance schemes that don’t work
Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind
As part of agent update 112 published 20th September 2023, HMRC have provided a response to a submitted question around … Continue reading Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind
Major national strategy to reduce number of tragic suicides
Pledge to reduce England’s suicide rate within 2 and a half years with launch of new national suicide prevention strategy. … Continue reading Major national strategy to reduce number of tragic suicides
PAYE RTI 2024-25: technical pack published
Dear PAYadvice.UK, I’m pleased to advise that the 2024-25 RTI technical pack for internet submissions is now available on GOV.UK … Continue reading PAYE RTI 2024-25: technical pack published
August 2023 Employer Bulletin
HMRC have issued the August 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading August 2023 Employer Bulletin
Legislation updates 2024 for payroll
Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2024 for payroll. We believe … Continue reading Legislation updates 2024 for payroll
2024 NI changes: Investment Zone Employer NICs Relief (IZENR)
As part of the governments introduction of reliefs for investment zones from April 2023, a new recycled list of additional … Continue reading 2024 NI changes: Investment Zone Employer NICs Relief (IZENR)
Jobs “passport” for injured or disabled veterans
New support scheme to help smooth the way for injured or disabled ex-military to return to work. Adjustments Passports provide support … Continue reading Jobs “passport” for injured or disabled veterans
National Insurance Number – Apple Wallet
National Insurance numbers can now be saved to the Apple Wallet Individuals with an Apple iPhone can now store their … Continue reading National Insurance Number – Apple Wallet
Deadline for voluntary National Insurance contributions extended to April 2025
More time is given to pay National Insurance contributions towards State Pension. Taxpayers now have until 5th April 2025 to … Continue reading Deadline for voluntary National Insurance contributions extended to April 2025
Paper P11Ds – now being rejected
Paper P11D or P11D(b) (original or amendment) after 6th April 2023 If an employer or agent submits a paper P11D … Continue reading Paper P11Ds – now being rejected
PAYE account misbalance – the dreaded duplicates!
Every month HMRC creates a PAYE charge for all employers and pension providers. A "small number" contact the HMRC employer … Continue reading PAYE account misbalance – the dreaded duplicates!
April 2023 Employer Bulletin
HMRC have issued the April 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading April 2023 Employer Bulletin
Want to check your tax code?
Now we are in the new tax year, it may be a suitable time to check your tax code. Millions … Continue reading Want to check your tax code?
Happy New (Tax) Year – 6th April 2023
Photo by Pavel Danilyuk on Pexels.com Often when meeting with payroll professionals around the world, they wonder why the United … Continue reading Happy New (Tax) Year – 6th April 2023
Deadline extension for voluntary National Insurance contributions
Thousands have been given more time to fill gaps in their National Insurance record and help increase the amount they … Continue reading Deadline extension for voluntary National Insurance contributions
No more Paper P11Ds to HMRC
The HM Revenue and Customs Software Developer Support Team have confirmed changes to the acceptable P11D submission due from 6th … Continue reading No more Paper P11Ds to HMRC
HMRC NI Category M – GNS Message Questionnaire
Payroll managers, employers, do you employ those under the age of 21? HMRC are asking for your help to better … Continue reading HMRC NI Category M – GNS Message Questionnaire
Isle of Man budget 2023 proposals for tax and National Insurance
The Isle of Man budget 2023 held Tuesday 21st February 2023 announced the proposed adjustments and freeze of items relating … Continue reading Isle of Man budget 2023 proposals for tax and National Insurance
Major changes to reporting benefits
HM Revenue and Customs has informed employers as part of the February 2023 Employer Bulletin of changes to reporting benefits. … Continue reading Major changes to reporting benefits
February 2023 Employer Bulletin
This links to edition 100 of the online Employer Bulletin. In this month’s edition of the Employer Bulletin there are … Continue reading February 2023 Employer Bulletin
More warnings to medical staff about dirty umbrellas
HM Revenue and Customs (HMRC) are advising users of the named schemes promoted by Charteris Management Ltd (CML) to withdraw … Continue reading More warnings to medical staff about dirty umbrellas
December 2022 Employer Bulletin
HMRC have published their December 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Your employees … Continue reading December 2022 Employer Bulletin
First Freeports launched
The United Kingdom’s first Freeports in Plymouth, Solent, and Teesside are now fully up and running after receiving final government … Continue reading First Freeports launched
Tax year 2023/2024: Car and van fuel benefit charge increased
HM Revenue and Customs have confirmed the decision to increase the Expenses and Benefits rates for tax year 2023/2024, effective … Continue reading Tax year 2023/2024: Car and van fuel benefit charge increased
Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Christmas workers can save time with HMRC app
New employees can use the secure HMRC app to find out their personal tax information and pass details on to … Continue reading Christmas workers can save time with HMRC app
Autumn Statement 2022
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor … Continue reading Autumn Statement 2022
Chancellor delivers plan for stability, growth and public services
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect … Continue reading Chancellor delivers plan for stability, growth and public services
Reversal of National Insurance Increase takes effect
From today , 6 November 2022, the 1.25% point cut to National Insurance rates for employees and employers takes effect … Continue reading Reversal of National Insurance Increase takes effect
October 2022 HMRC Employer Bulletin
HMRC have published their October 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Reduction in … Continue reading October 2022 HMRC Employer Bulletin
Office for Veterans’ Affairs launches new group to step up veteran employment
Employers across the UK have joined a new group to support the government on helping veterans get into employment. Businesses … Continue reading Office for Veterans’ Affairs launches new group to step up veteran employment
Chancellor brings forward further Medium-Term Fiscal Plan measures
Dear PAYadvice, Please share the following message sent on behalf of the HMRC External Affairs Team. Earlier today the Chancellor of … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
Chancellor brings forward further Medium-Term Fiscal Plan measures
The Chancellor of The Exchequer Jeremy Hunt has, Monday 17th October 2022, brought forward a number of measures from 31st … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
New Chancellor and Secretary to the Treasury appointed
King Charles III has been pleased to approve the following appointments: Rt Hon Jeremy Hunt MP as Chancellor of the … Continue reading New Chancellor and Secretary to the Treasury appointed
Chancellor accepts request to stand aside
Friday 14th October 2022 saw one of the shortest service Chancellor of the Exchequer as Kwasi Kwarteng stands aside at … Continue reading Chancellor accepts request to stand aside
November 2022 NI change – Drop the message
To ensure taxpayers understood their increased National Insurance contributions from 6th April 2022, that the additional contribution was to help … Continue reading November 2022 NI change – Drop the message
The Growth Plan 2022: Investment Zones
New employer National insurance reliefs to be introduced Similar to Veterans and Freeports, a new investment zone employer NIC relief … Continue reading The Growth Plan 2022: Investment Zones
Reversal of the Health and Social Care Levy
The government is cancelling the Health and Social Care Levy – initially introduced via a 1.25 percentage point rise in … Continue reading Reversal of the Health and Social Care Levy
Payroll 2022-23: November changes to NICs
The following has been provided by the HMRC Software Developer Support Team (SDST):- Dear Developer, On 22 September the Government … Continue reading Payroll 2022-23: November changes to NICs
3rd National Insurance change confirmed for 6th November 2022
The 1.25 percentage point rise in National Insurance will be reversed from 6th November 2022, the Chancellor Kwasi Kwarteng has … Continue reading 3rd National Insurance change confirmed for 6th November 2022
HM Treasury confirm Friday 23rd September 2022 for the mini budget
Subject to the agreement of the House of Commons, On Friday 23rd September, Chancellor Kwai Kwarteng will unveil the Growth … Continue reading HM Treasury confirm Friday 23rd September 2022 for the mini budget
Mini-budget imminent
Following the state funeral on Monday 19th September 2022, the government are expected to hold a fiscal event or mini … Continue reading Mini-budget imminent
Approved Mileage Allowance Payments error
HMRC’s Income Tax Policy Team has indicated that over the last 6 months, both HMRC & HM Treasury have received … Continue reading Approved Mileage Allowance Payments error
Directors of a tax avoidance promoters named for the first time
HMRC uses new powers to publicly name the directors of tax avoidance promoting companies. Tax avoidance bosses have been named … Continue reading Directors of a tax avoidance promoters named for the first time
Preparing for the 3rd National Insurance payroll change!
With the resignation of Boris Johnson and the ongoing election of a new Prime Minister with announcements to be made … Continue reading Preparing for the 3rd National Insurance payroll change!
Legislation updates 2023 for payroll
Following the successful Legislation update for 2021 and then 2022 for payroll by PAYadvice.UK with 20 thousand hits and downloads … Continue reading Legislation updates 2023 for payroll
PAYE new variable payment plan
From 19th September 2022, in response to feedback, employers’ with PAYE will be able to setup and take advantage of … Continue reading PAYE new variable payment plan
August 2022 HMRC Employer Bulletin
HMRC have published their August 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE PAYE Settlement … Continue reading August 2022 HMRC Employer Bulletin
NI change 6th July 2022 – are you ready?
Increase in National Insurance thresholds On 23rd March 2022 in the Spring Statement 2022, the UK government announced an increase … Continue reading NI change 6th July 2022 – are you ready?
June 2022 HMRC Employer Bulletin
HMRC have published their June 2022 edition of the employers bulletin. It covers a multitude of topics. A primary focus … Continue reading June 2022 HMRC Employer Bulletin
HMRC urges customers to leave tax avoidance scheme promoted by London-based firm
HMRC names Peak PAYE Ltd as a tax avoidance promoter and urges individuals to withdraw from using it. This tax … Continue reading HMRC urges customers to leave tax avoidance scheme promoted by London-based firm
Umbrella company director banned
Best Employment Services provided umbrella payroll services and outsourced its operations to a network of Isle of Man companies, and … Continue reading Umbrella company director banned
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 … Continue reading April 2022 HMRC Employer Bulletin
Updated guidance on how tips, gratuities and service charges are taxed
April 2022, HMRC are publishing an update to the E24 guidance on tips, gratuities, service charges and troncs – in … Continue reading Updated guidance on how tips, gratuities and service charges are taxed
Take advantage of National Insurance relief when hiring veterans
Businesses hiring military veterans can save thousands of pounds in employee National Insurance contributions, thanks to a scheme launched by … Continue reading Take advantage of National Insurance relief when hiring veterans
Tax cut worth up to £1,000 for half a million small businesses starts
Tax cut worth up to £1,000 for eligible businesses announced by the Chancellor at the Spring Statement takes effect 6th … Continue reading Tax cut worth up to £1,000 for half a million small businesses starts
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 … Continue reading Health and Social Care Levy to raise billions for NHS and social care
Happy New (Tax) Year – 6th April 2022
Why does the UK tax year start on 6th April each year? Well, it used to be New Year’s Day! … Continue reading Happy New (Tax) Year – 6th April 2022
Check your Auto Enrolment Pension scheme
Do you operate a banded pension scheme using qualifying earning? Have you checked that the start and end points meet … Continue reading Check your Auto Enrolment Pension scheme
SPRING BUDGET SPECIAL 2022-23 WITH SIMON PARSONS #79
Nick Day is joined on The Payroll Podcast by Simon Parsons M.Sc FCIPPdip MBCS, Director UK Compliance Strategies at SD … Continue reading SPRING BUDGET SPECIAL 2022-23 WITH SIMON PARSONS #79
Spring Statement 2022
Dear PAYadvice.UK, The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to … Continue reading Spring Statement 2022
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 … Continue reading Employment allowance increased to £5,000
Payroll surprise in spring statement
As part of the Spring Statement 2022 given on Wednesday 23rd March 2022, the government announced a change to National … Continue reading Payroll surprise in spring statement
April 2022 – New Tax Year resources
PAYadvice endeavours to keep you as up to date as possible with the latest and developing changes impacting payroll and … Continue reading April 2022 – New Tax Year resources
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 … 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 … Continue reading February 2022 HMRC Employer Bulletin
HMRC issue new guidance to operate from 6th April 2022
By PSP (c)2019 HM Revenue and Customs has updated guidance and instructions in preparation to be operated from 6th April … Continue reading HMRC issue new guidance to operate from 6th April 2022
The 2022 annual report on the National Insurance Funds
Focus on the National Insurance Fund The Government Actuary has published the annual report on the National Insurance Fund (NIF) … Continue reading The 2022 annual report on the National Insurance Funds
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 … 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 - … 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 … Continue reading Health and Social Care payslip message issued
Legislation update 2022 for payroll
Following the successful Legislation update 2021 for payroll by PAYadvice.UK with 19,500 hits and downloads since its launch at the … Continue reading Legislation update 2022 for payroll
The year of two budgets! 2021 budget date set
The Chancellor has launched (7th September) Spending Review 2021 (SR21), which will conclude on 27th October 2021 alongside an Autumn … Continue reading The year of two budgets! 2021 budget date set
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 … Continue reading Health and Social Care levy rates – National Insurance
New 1.25% Health and Social Care Levy – National Insurance and Dividends
Prime Minister pledges to tackle NHS Covid backlogs and cut waiting times with £36 billion for health and social care‘Responsible, … Continue reading New 1.25% Health and Social Care Levy – National Insurance and Dividends
Off-payroll (IR35) contracted out services
Off-payroll working rules (commonly known as IR35) changed on 6th April 2021. In efforts to overcome IR35 responsibilities some arrangements … Continue reading Off-payroll (IR35) contracted out services