As part of the governments introduction of reliefs for investment zones from April 2023, a new recycled list of additional … Continue reading 2024 NI changes: Investment Zone Employer NICs Relief (IZENR)
Tag: #NICs
Deadline for voluntary National Insurance contributions extended to April 2025
More time is given to pay National Insurance contributions towards State Pension. Taxpayers now have until 5th April 2025 to … Continue reading Deadline for voluntary National Insurance contributions extended to April 2025
PAYE account misbalance – the dreaded duplicates!
Every month HMRC creates a PAYE charge for all employers and pension providers. A "small number" contact the HMRC employer … Continue reading PAYE account misbalance – the dreaded duplicates!
April 2023 Employer Bulletin
HMRC have issued the April 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading April 2023 Employer Bulletin
Deadline extension for voluntary National Insurance contributions
Thousands have been given more time to fill gaps in their National Insurance record and help increase the amount they … Continue reading Deadline extension for voluntary National Insurance contributions
HMRC NI Category M – GNS Message Questionnaire
Payroll managers, employers, do you employ those under the age of 21? HMRC are asking for your help to better … Continue reading HMRC NI Category M – GNS Message Questionnaire
First Freeports launched
The United Kingdom’s first Freeports in Plymouth, Solent, and Teesside are now fully up and running after receiving final government … Continue reading First Freeports launched
Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Autumn Statement 2022
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor … Continue reading Autumn Statement 2022
Chancellor delivers plan for stability, growth and public services
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect … Continue reading Chancellor delivers plan for stability, growth and public services
Reversal of National Insurance Increase takes effect
From today , 6 November 2022, the 1.25% point cut to National Insurance rates for employees and employers takes effect … Continue reading Reversal of National Insurance Increase takes effect
October 2022 HMRC Employer Bulletin
HMRC have published their October 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Reduction in … Continue reading October 2022 HMRC Employer Bulletin
Chancellor brings forward further Medium-Term Fiscal Plan measures
Dear PAYadvice, Please share the following message sent on behalf of the HMRC External Affairs Team. Earlier today the Chancellor of … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
PM press conference: 14th October 2022
Prime Minister Liz Truss's opening remarks: Good afternoon, My conviction that this country needs to go for growth is rooted … Continue reading PM press conference: 14th October 2022
Chancellor accepts request to stand aside
Friday 14th October 2022 saw one of the shortest service Chancellor of the Exchequer as Kwasi Kwarteng stands aside at … Continue reading Chancellor accepts request to stand aside
November 2022 NI change – Drop the message
To ensure taxpayers understood their increased National Insurance contributions from 6th April 2022, that the additional contribution was to help … Continue reading November 2022 NI change – Drop the message
The Growth Plan 2022: Investment Zones
New employer National insurance reliefs to be introduced Similar to Veterans and Freeports, a new investment zone employer NIC relief … Continue reading The Growth Plan 2022: Investment Zones
Payroll 2022-23: November changes to NICs
The following has been provided by the HMRC Software Developer Support Team (SDST):- Dear Developer, On 22 September the Government … Continue reading Payroll 2022-23: November changes to NICs
3rd National Insurance change confirmed for 6th November 2022
The 1.25 percentage point rise in National Insurance will be reversed from 6th November 2022, the Chancellor Kwasi Kwarteng has … Continue reading 3rd National Insurance change confirmed for 6th November 2022
Directors of a tax avoidance promoters named for the first time
HMRC uses new powers to publicly name the directors of tax avoidance promoting companies. Tax avoidance bosses have been named … Continue reading Directors of a tax avoidance promoters named for the first time
Preparing for the 3rd National Insurance payroll change!
With the resignation of Boris Johnson and the ongoing election of a new Prime Minister with announcements to be made … Continue reading Preparing for the 3rd National Insurance payroll change!
NI change 6th July 2022 – are you ready?
Increase in National Insurance thresholds On 23rd March 2022 in the Spring Statement 2022, the UK government announced an increase … Continue reading NI change 6th July 2022 – are you ready?
June 2022 HMRC Employer Bulletin
HMRC have published their June 2022 edition of the employers bulletin. It covers a multitude of topics. A primary focus … Continue reading June 2022 HMRC Employer Bulletin
Take advantage of National Insurance relief when hiring veterans
Businesses hiring military veterans can save thousands of pounds in employee National Insurance contributions, thanks to a scheme launched by … Continue reading Take advantage of National Insurance relief when hiring veterans
Spring Statement 2022
Dear PAYadvice.UK, The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to … Continue reading Spring Statement 2022
Employment allowance increased to £5,000
As part of the spring statement initiatives, the Chancellor, Rishi Sunak, has announced an increase to the Employment Allowance from … Continue reading Employment allowance increased to £5,000
Payroll surprise in spring statement
As part of the Spring Statement 2022 given on Wednesday 23rd March 2022, the government announced a change to National … Continue reading Payroll surprise in spring statement
February 2022 HMRC Employer Bulletin
HMRC publishes their Employer Bulletin online 6 times a year, providing employers and agents with the latest information on topics … Continue reading February 2022 HMRC Employer Bulletin
The 2022 annual report on the National Insurance Funds
Focus on the National Insurance Fund The Government Actuary has published the annual report on the National Insurance Fund (NIF) … Continue reading The 2022 annual report on the National Insurance Funds
Software Developers HMRC NI Guidance 2022/2023 EB5 (updated to reflect the Spring Statement 2022)
The HMRC Software Support Team (SDST) have issued the National Insurance Contributions guidance for software developers. 6th April 2022 - … Continue reading Software Developers HMRC NI Guidance 2022/2023 EB5 (updated to reflect the Spring Statement 2022)
Health and Social Care payslip message issued
On 7th September 2021, the government announced a new 1.25% Health and Social Care Levy to fund investment in the … Continue reading Health and Social Care payslip message issued
Legislation update 2022 for payroll
Following the successful Legislation update 2021 for payroll by PAYadvice.UK with 19,500 hits and downloads since its launch at the … Continue reading Legislation update 2022 for payroll
The year of two budgets! 2021 budget date set
The Chancellor has launched (7th September) Spending Review 2021 (SR21), which will conclude on 27th October 2021 alongside an Autumn … Continue reading The year of two budgets! 2021 budget date set
HMRC June 2021 Employer Bulletin
HMRC have issued the June 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer … Continue reading HMRC June 2021 Employer Bulletin
HMRC April 2021 Employer Bulletin
HMRC have issued the April 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer … Continue reading HMRC April 2021 Employer Bulletin
CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)
For the second year running the HMRC have issued the National Insurance contributions tables very late on 6th April. Traditionally … Continue reading CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)
National Insurance contributions relief for employers who hire veterans
At Spring Budget 2020, the Chancellor announced the introduction of a National Insurance holiday for employers that hire former members … Continue reading National Insurance contributions relief for employers who hire veterans