Payroll News

The deadline for reporting Class 1A National Insurance contributions is approaching fast. Employers and clients who provide expenses and benefits must submit their P11D(b) forms by 6 July 2026. This task is crucial for those who have not fully payrolled their expenses and benefits during the tax year. Whether you are new to payroll or need a refresher, understanding how to file these returns online will help you avoid penalties and ensure compliance. Employer preparing online

The UK Government introduced a new default student loan repayment plan, Plan 5, effective from 6 April 2026. This update changes the landscape for employers who must now navigate multiple student loan plans and postgraduate loan repayments. Understanding these changes is essential for employers to ensure accurate payroll deductions and compliance with HMRC requirements. Overview of Student Loan Repayment Thresholds for 2026-27 For the tax year 2026-27, the repayment threshold

Statutory Sick Pay (SSP) is set to undergo significant changes starting 6 April 2026, following the Employment Rights Act 2025. These updates will impact how payroll professionals manage sick pay and how employees qualify for and receive SSP. Understanding these changes is essential to ensure compliance and to support employees effectively during periods of illness. Updated Statutory Sick Pay rates and eligibility rules Eligibility changes for SSP One of the biggest shifts is

When it comes to pensions, tax relief plays a crucial role in boosting your retirement savings. But what if the tax relief you receive is not what you are entitled to? The Low Incomes Tax Reform Group (LITRG) recently raised concerns about employers potentially applying pension tax relief incorrectly. This issue could affect many employees, especially with the upcoming pension top-up payment scheme for low earners. Understanding how tax relief works and ensuring it is applied

HM Revenue and Customs (HMRC) has introduced a new phased approach to mandatory payrolling for reportable Benefits in Kind (BiKs) and expenses, starting in April 2027. This change aims to simplify how employers report taxable benefits and improve real-time tax and National Insurance contributions (NICs) processing. Understanding these updates is essential for payroll professionals and employers to prepare effectively and avoid compliance issues. What the New Phased Approach M

The UK government has recently updated its guidance on Benefits in Kind (BiK), a topic that affects many employees and employers alike. Understanding these changes is crucial for anyone involved in payroll, taxation, or employee benefits. This post breaks down the key updates and what they mean in practical terms. What Are Benefits in Kind? Benefits in Kind refer to non-cash perks provided by employers to employees. These can include company cars, private health insurance, or

The UK government has announced the new national minimum wage rates for 2026/27, affecting millions of workers and businesses across the country. These updated rates will impact payroll calculations, tax deductions under PAYE, and overall employment costs. Understanding these changes is essential for businesses to stay compliant and manage their budgets effectively. Calculator and payroll documents showing UK minimum wage calculations What Are the New Minimum Wage Rates for 2