Changing Pension Schemes

Changing Pension Schemes This guide shows the steps you must take in Payroll Manager to move an employee(s) from one pension scheme to another. 1. Cease employee / employer contributions to the ‘old’ pension scheme: – From the main menu in Payroll Manager, click ‘Employees‘ then ‘Employee Details‘, then click on the ‘Auto-Enrolment pensions‘ tab,…

Autumn Budget 2024

Autumn Budget 2024 In the Autumn Budget of 2024 the Chancellor announced a number of changes that will affect payroll calculations for the tax year 2025-26 onwards. There was nothing in the recent budget that will affect payroll calculations in tax year 2024-25. Changes from April 2025 include: An increase to the rate of Employer National…

autumn budget 2024

Autumn Budget 2024

In the Autumn Budget of 2024 the Chancellor announced a number of changes that will affect payroll calculations for the tax year 2025-26 onwards. There was nothing in the recent budget that will affect payroll calculations in tax year 2024-25. Changes from April 2025 include: An increase to the rate of Employer National Insurance Contributions (NICs)…