Articles and information in relation to UK Payroll for business, employers and employees.
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
The Chancellor has asked the Office for Budget Responsibility to prepare forecast for 3 March 2026 The Chancellor of the Exchequer Rachel Reeves has asked the Office for Budget Responsibility to prepare an economic and fiscal forecast for publication on 3rd March 2026. As set out at the Budget 2025, the Spring forecast will not make an … Continue reading Chancellor announces date of 2026 Spring Forecast
Richard Hughes has written to the Chancellor (1st December 2025) to resign as Chair of the Office for Budget Responsibility (OBR). The OBR inadvertently made it possible to access the November 2025 Economic and fiscal outlook (EFO) too early on Budget day. They launched an immediate investigation into what happened which has reported today, Monday 1st December … Continue reading OBR chair resigns over budget 2025 blunder
(C)2025 PAYadvice Ltd Simon Parsons of SD Worx, PAYadvice and representing the BCS Oayroll Group (part of the Chartered Institute for IT) was in attendance at the annual HM Fevenue and Customs (HMRC) annual conference. The following is the recently appointed Exchequer Secretaries speech to the conference. The Exchequer Secretary made a speech at the … Continue reading Exchequer Secretary speech to the annual HMRC Conference
Torsten Bell MP has been appointed Parliamentary Secretary in HM Treasury and Parliamentary Under Secretary of State in the Department for Work and Pensions on 14th January 2025 replacing Emma Reynolds, who was promoted following the resignation of Tulip Siddiq. He is the Labour MP for Swansea West, and elected as an MP on 4th July 2024. He … Continue reading Torsten Bell appointed Minister for Pensions
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
Emma Reynolds has been appointed as Parliamentary Secretary at HM Treasury and the Department of Work and Pensions on 9th July 2024. In that position she acts as the Pensions Minister, the difference being the role is now represented across both the DWP and HM Treasury. She was elected as the MP for Wycombe in … Continue reading New Pension Minister – Emma Reynolds MP
taking immediate action to fix the foundations of our economy Delivered Monday 8th July 2024 at HM Treasurd. Good morning. Last week, the British people voted for change. And over the last 72 hours I have begun the work necessary to deliver on that mandate. Our manifesto was clear: Sustained economic growth is the only … Continue reading Chancellor Rachel Reeves first speech
Following the General Election result and the new formation of a Labour government, Rachel Jane Reeves has been appointed as Chancellor of the Exchequer on Friday 5th July 2024. A member of the Labour Party, she is the first female chancellor in British history. She has been member of Parliament (MP) for Leeds West constituency from 2010 to 2024, and following … Continue reading Rachel Reeves – Chancellor of the Exchequer
Laura Trott has been moved across as Chief Secretary to the Treasury on Monday 13th November 2023. She replaces John Glen. She was previously Parliamentary Under Secretary of State at the Department for Work and Pensions ( the pensions minister) between 27th October 2022 and 13th November 2023. The Chief Secretary (CST) is responsible for … Continue reading Laura Trott moved from Pensions to Treasury
HM Treasury (by PSP) The Chancellor has announced that a new fraud squad, recruited from data analytics experts and leading economic crime investigators, will crack down on criminal gangs who rip off the taxpayer.Operational in July and based in the Cabinet Office, the new £25 million “Public Sector Fraud Authority” will double funding for the … Continue reading New ‘fraud squad’ to crack down on criminals who steal taxpayer money
According to HM Treasury, COVID-19 has highlighted the limited scope to make changes to the current benefits in kind and expenses tax system to respond quickly to the pandemic. The government has had to introduce primary and secondary legislation with temporary effect to respond to the pandemic, to exempt a number of benefits in kind, … Continue reading Powers to make temporary modifications to employment taxation