Articles and information in relation to UK Payroll for business, employers and employees.
The U.K. government have introduced a tool to help you find out the coronavirus restrictions in your local area by entering your home postcode. Use the postcode checker COVID alert levels PAYadvice.UK 15/10/2020 updated 20/10/2020
Dear @PAYadvice, [The] Employer Bulletin (October 2020, Issue 86) includes all of the latest COVID-19 updates to help [employers] continue to meet [their] payroll obligations to HMRC, including recent government announcements of additional support for businesses and employees. We’ve included the latest update on both the Coronavirus Job Retention Scheme and the Job Retention Bonus, … Continue reading October 2020 HMRC Employer Bulletin
HMRC has written to universities, through Universities UK, asking them to help ensure their students know how to spot a scam. Students are being warned by HM Revenue and Customs (HMRC) that they could be targeted by a wave of tax scams. As new students start the academic year, they can be particularly vulnerable to … Continue reading Students warned of tax scam dangers
The HMRC Software Developers Support Team have issued revised RTI RIM artefacts for 2021-22 version 1.0 in the technical pack on GOV.UK, along with a document showing the changes between 2020-21 and 2021-22. A further update, to incorporate the Data Items Guide (DIG) for 2021-22, will follow. The RTI techpack is available at https://www.gov.uk/government/collections/real-time-information-online-internet-submissions-support-for-software-developers. RTI … Continue reading 2021/2022 RTI specifications issued
A blog by Bernice McNaught, SLC’s Executive Director, Repayments and Counter Fraud Services Improving Student Loans Company service for customers in repayment. Over the last 18 months, we have made significant improvements to the student loan repayment process. More frequent data sharing (MFDS), a joint programme of work with HMRC and our Government shareholders, has … Continue reading Improving Student Loans services
The Department for Education (DfE) confirmed 11th August 2020 the annual updates to the Thresholds of Income Contingent Student Loans and Mortgage Style Student Loans. Income Contingent Student Loans / Undergraduate loans / Income Contingent Student Loans for pre-2012 (Plan 1) loans From 6 April 2021, the repayment threshold for Plan 1 loans will rise … Continue reading 2021 Student Loans Repayment Threshold Announcement
HMRC have issued the August 2020 edition of the Employer Bulletin covering: Coronavirus Job Retention Scheme and what employers need to do from August onwardsMake sure you’re paying the correct workplace pension contributionsNew law to ensure furloughed employees receive full statutory redundancy paymentsDeadline to report the disguised remuneration loan charge – 30 September 2020COVID-19 – … Continue reading Employer Bulletin (August 2020 – issue 85)
A new guide for employers about qualification results in England this summer is available. Employer guide to results for regulated qualifications: summer 2020 PAYadvice.UK 12/8/2020
From 3 to 31 August, get discounts when you eat in at restaurants that are registered with the Eat Out to Help Out Scheme: get a 50% discount on food or non-alcoholic drinks to eat or drink in (up to a maximum of £10 discount per diner)every Monday, Tuesday and Wednesday between 3 and 31 … Continue reading Find a restaurant – Eat Out to Help Out
The U.K. Parliament indicates that more than 347,000 people have signed a petition calling for tuition fees to be reimbursed due to strikes and Covid-19. The House of Commons Petition committee have released their report on the Impact of Covid-19 on university students. They recognise the huge disruption faced by students and have made recommendations. … Continue reading Petition for refund of tuition fees
To make things easier, the Student Loan Company (SLC) have put together (10th July 2020) a list of 8 things: 1. There are different rules for repaying based on when and where you took out your loan Find out which plan type you’re on 2. Your repayments are based on your income, not how much … Continue reading Student Loan – 8 things you should know
Employer Bulletin - October 2019 Issue 80 The following has been kindly provided: Dear Gentlefolk HMRC is aware some employers have incorrectly received a Generic Notice message between 26/06/2020 and 29/06/2020 to advise them to stop Postgraduate loan deductions. – An EPG member clarified “The message we received told us that we had deducted PGL … Continue reading Erroneous GNS messages relating to Student Loans
6th April 2021 sees the commencement of Student Loan deductions type Plan 4. On 9th June 2018 Scotland’s First Minister announced that Scotland will raise their student loan earnings threshold to £25,000 from April 2021. This will be for new and existing borrowers and the repayment period reduced to 30 years from 35 (in line … Continue reading Scottish Student Loans 2021 – type Plan 4
April 2020 sees the third consecutive annual increase in the repayment threshold to £26,575 (for plan type 2 loans). The older Plan type 1 threshold rises to £19,390.Under the student loan s plan, borrowers contribute an amount based on their income once they reach the relevant salary threshold. A new online repayment service will go … Continue reading Student Loan system overhaul to benefit millions of graduates
The Department for Education (DfE) have confirmed the annual updates to the Thresholds of Income Contingent Student Loans. From 6 April 2020, the repayment threshold for pre-2012 (Plan 1) loans will rise to £19,390. The repayment threshold for post-2012 (plan 2) loans will rise to £26,575 from 6 April 2020 to 5 April 2021. The … Continue reading Student And Postgraduate Loan Thresholds Confirmed for April 2020
