Articles and information in relation to UK Payroll for business, employers and employees.
Employers are being reminded that for the HMRC payment for November 2026, the electronic payment deadline falls on Sunday 22nd November 2026. Employers who pay via BACs or other payment methods which do not transact on weekends need to make sure their payment for the October 2026 (6th October through 5th November 2026) tax month … Continue reading Pay HMRC on-time
The student loans system was supposed to be a safe and fair way for everyone who seeks further education to get the funds they need. It may come as a shock to some, but women on maternity leave in the UK who are paying off their student loans still accrue interest when they are on … Continue reading Do Student Loans discriminate against mothers?
HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 5%. The Bank of England Monetary Policy Committee announced on 1st August 2024 to reduce the Bank of England base rate to 5% from 5.25%. HMRC interest rates are linked to the Bank of England base rate. As … Continue reading HMRC late payment interest revised
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 1%. The Bank of England Monetary Policy Committee voted on 5th May 2022 to increase the Bank of England base rate to 1% from 0.75%. HMRC interest rates are linked to the Bank of England base rate. As … Continue reading HMRC late payment interest rates revised