Preparing for tax year 2022/2023

The following are links to blogs and information on payroll changes for 2022:

Guernsey (1st January 2022)

The changes for 1st January 2022 have not yet been announced.

The introduction of the Guernsey Secondary Pension has been delayed until January 2023.

Jersey (1st January 2022)

The changes for 1st January 2022 have not yet been announced.

United Kingdom (6th April 2022)

The changes for April 2022 have not been confirmed although some detail was announced in the March 2021 Westminster Budget.

Personal Allowance

The personal allowance has been indicated as frozen until April 2026.

If the personal allowance remains frozen, there will be no uplift of tax codes for April 2022

Rest of the UK Income Tax (England and Northern Ireland)

The Westminster 2021 budget indicated that the tax rates and bands would remain unchanged until April 2026.

Scotland and Income Tax

The Scottish Assembly is yet to announce its changes for April 2022

Wales and Income Tax

The Welsh Assembley are yet to announce if they will diverge from the rest of the UK

The Westminster 2021 budget indicated that the tax rates and bands would remain unchanged until April 2026.

Expenses and Benefits

National Insurance

The bands and rates for April 2022 have not yet been confirmed. If they remain unchanged then the following are the potential values.

And the contributions if unchanged

Veterans National Insurance

Statutory Payments

The statutory payments operational from April 2022 are yet to be announced.

National Minimum Wage / National Living Wage

PAYadvice.UK 2/4/2021 updated 1/7/2021