Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2027 for payroll. We believe that PAYadvice was the first organisation in the UK to bring together the various resources needed by payroll professional and payroll software developers in preparation for the April 2021 through April 2026 changes, even to … Continue reading Legislation updates 2027 for payroll
Tag: #Budget
Budget to move “power and money out of Westminster, and into every postcode
The Chancellor has confirmed that the date of the Budget will be Wednesday 28 October 2026. In a video message, the Chancellor of the Exchequer, John Healey MP said: This government is working fast to restore hope and back Britain’s communities. In the past two weeks, we have begun to kickstart growth in every postcode. We … Continue reading Budget to move “power and money out of Westminster, and into every postcode
Budget 2025 – National Insurance freeze!
As part of budget 2025, Rachel Reeves announced a freeze of National Insurance thresholds and rates until April 2031. Well not everything was frozen, it was after confirmed that the National Insurance Contributions (NICs) Lower Earnings Limit (LEL), the point where individual start accruing state benefit rights, would rise by +£4 to a new £129 … Continue reading Budget 2025 – National Insurance freeze!
Student Loans Repayment Threshold Announcement for Plan 2 and Post Graduate loans for April 2026
(c)2023 PSP The Department for Education… (26th November 2025) confirmed annual updates to repayment thresholds for Plan 2 and Plan 3 [Postgraduate] Income Contingent Student Loans. Income Contingent Student Loans for Plan 2 (2012-2023) undergraduate loans The income threshold and the lower interest rate threshold for repayment of Plan 2 loans to apply from April … Continue reading Student Loans Repayment Threshold Announcement for Plan 2 and Post Graduate loans for April 2026
Budget 2025 speech
Budget 2025 speech as delivered by Chancellor Rachel Reeves - 26th November 2025 Madame Deputy Speaker. It is my understanding that the Office for Budget Responsibility’s Economic and Fiscal Outlook was released on their website before this statement. This is deeply disappointing and a serious error on their part. The Office for Budget Responsibility has … Continue reading Budget 2025 speech
Budget 2025 – The Red Box
The Red Budget Box According to information published by Parliament, the word Budget comes from an old French word ‘bougette’ meaning little bag. It was customary to bring the statement on financial policy to the House of Commons in a leather bag. The modern equivalent of the bag is the red despatch box or Budget … Continue reading Budget 2025 – The Red Box
Budget set for 30th October 2024
As part of Chancellors statement on public spending inheritance, Rachel Reeves announced the Autumn budget date. I am announcing today that I will hold a Budget on October 30th alongside a full economic and fiscal forecast from the Office for Budget Responsibility. She went on to state that ‘I have to tell the House that … Continue reading Budget set for 30th October 2024
Chancellor Jeremy Hunt’s Mansion House speech
Chancellor of the Exchequer delivers his first Mansion House speech on the evening of Monday 10th July 2023. My Lord Mayor, Governor, Ladies and Gentlemen – it is an honour to be with you at the Mansion House tonight. While some may be distracted by events in Windsor, we all know that Walbrook is the … Continue reading Chancellor Jeremy Hunt’s Mansion House speech
When can you claim your free childcare?
At the Spring Budget Jeremy Hunt announced 30hrs of free childcare for children aged 9 months - 4 years for eligible working parents. The rollout will be phased to build capacity, including expanding the number of staff in nurseries & getting more childminders into the sector. The spring budget announced changes to help parents with … Continue reading When can you claim your free childcare?
Spring Budget 2023
The Chancellor of the Exchequer presented his Spring Budget 2023 to Parliament on Wednesday 15th March 2023. For the full speech: Spring Budget 2023 speech as delivered by Chancellor Jeremy Hunt. My budget… sets out the next stage of the Government’s plan to halve inflation, grow the economy and reduce debt. Building on the stability … Continue reading Spring Budget 2023