Statutory Payment Rates 2024 increased by 6.7%

The UK Government have announced the increase basis for Statutory Payment rates along with other benefits and have released the … Continue reading Statutory Payment Rates 2024 increased by 6.7%

Reduction in NI = reduction in employee salary sacrifice benefit

With the governments Autumn Statement reduction of 2% in the standard rate of National Insurance Contributions from the current 12% … Continue reading Reduction in NI = reduction in employee salary sacrifice benefit

Record wage boost for nearly 3 million workers – April 2024

Biggest ever increase to the National Living Wage, worth over £1,800 a year for a full-time worker… Since 2010 the … Continue reading Record wage boost for nearly 3 million workers – April 2024

Obsolete and burdensome EU rules to be removed from UK law

Proposed reforms allow businesses additional freedoms while retaining the UK’s world leading workers’ rights Proposals include reducing record keeping requirements … Continue reading Obsolete and burdensome EU rules to be removed from UK law

Real Living Wage rise – what about the impact on Statutory Maternity Pay

With the real Living Wage and London Living Wage announced 10% rise on the Tuesday 24th October 2023 - real … Continue reading Real Living Wage rise – what about the impact on Statutory Maternity Pay

Christmas 2023 and New Year 2024 – when are the Bank Holidays and what about paying early?

At last - Christmas Day and New Year’s Day don’t fall on weekends this year and there are no substitute … Continue reading Christmas 2023 and New Year 2024 – when are the Bank Holidays and what about paying early?

HMRC name three more tax avoidance schemes that don’t work

They we have added (25th September 2023) three more names to the published list of tax avoidance schemes Olympus Contracting … Continue reading HMRC name three more tax avoidance schemes that don’t work

National Minimum Wage to be extended to live-in domestic workers

What NMW protection is there for domestic workers Workers who live-in within the family home of their employer and who … Continue reading National Minimum Wage to be extended to live-in domestic workers

Legislation updates 2024 for payroll

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Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2024 for payroll. We believe … Continue reading Legislation updates 2024 for payroll

2024 NI changes: Investment Zone Employer NICs Relief (IZENR)

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)

Worked Hours reporting change on its way?

Change to data HMRC collects HMRC has indicated that proposed change in law will likely require employers to report more … Continue reading Worked Hours reporting change on its way?

202 Employers shamed for underpaying minimum wage

202 businesses have been named by DBT for failing to pay the minimum wage to lowest paid workers. These employers … Continue reading 202 Employers shamed for underpaying minimum wage

Pay rises and the impacts on Maternity – the curse of Alabaster

Pay increases to meet the cost of living crisis and the rise in National set Minimum pay. With current level … Continue reading Pay rises and the impacts on Maternity – the curse of Alabaster

Start-age for National Living Wage expected to drop to 21 from April 2024

In 2019, the Low Pay Commission (LPC) recommended that workers should become entitled to the National Living Wage (NLW, the … Continue reading Start-age for National Living Wage expected to drop to 21 from April 2024

Common causes of minimum pay breach

The Department for Business and Trade (DBT), formerly known as BEIS have issued updated information on one of their areas … Continue reading Common causes of minimum pay breach

National Minimum Wage Rise 1st April 2023

For pay periods starting on or after Saturday 1st April 2023, the National Living Wage and Nation Minimum Wage are … Continue reading National Minimum Wage Rise 1st April 2023

Tax year 2023/2024: Car and van fuel benefit charge increased

HM Revenue and Customs have confirmed the decision to increase the Expenses and Benefits rates for tax year 2023/2024, effective … Continue reading Tax year 2023/2024: Car and van fuel benefit charge increased

Significant minimum pay rise may impact employer reward strategies

Employers may need to review their reward strategies! With the proposal of the Low Pay Commission (LPC) for a significant … Continue reading Significant minimum pay rise may impact employer reward strategies

Statutory Parental Payment increased by 10.1% from April 2023 to £172.48

Following the governments Autumn Statement on 17th November 2022 and indication that benefits would rise by 10.1%, it has been … Continue reading Statutory Parental Payment increased by 10.1% from April 2023 to £172.48

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

National Minimum and Living Wage rise for April 2023

The government states it is committed to ending low pay. From 1st April 2023, the National Living Wage (NLW) will … Continue reading National Minimum and Living Wage rise for April 2023

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

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

Christmas 2022 and New Year 2023 – when are the Bank Holidays and what about paying early?

As Christmas Day and New Year’s Day fall on weekends, neither is a bank holiday and therefore substitute days are … Continue reading Christmas 2022 and New Year 2023 – when are the Bank Holidays and what about paying early?

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