Payroll Year End 2024-25 We have published a series of guides to help you with the Payroll Year End process for 2024-25. These include a guide on sending your final RTI return for the year, as well as instructions as to how to move forward and start processing payroll for 2025-26. Please see Year End…
Employer National Insurance Contribution changes from April 2025 In the Autumn Budget of 2024 the Chancellor announced four changes to employer National Insurance contributions (NICs), all of which take effect at the start of the 2025-26 tax year (6 April 2025). A reduction of the secondary Class 1 National Insurance (employer) threshold from £9,100 to £5,000 per…
Paying employees early at Christmas Some employers may choose to pay their employees earlier than usual during the Christmas period. HMRC have asked that If you do pay early, then it is important that you still report the normal payment date on the FPS that you send to HMRC, and not the actual (earlier) pay…
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)…
The Government has recently published the ‘Employment Rights Bill’, which (amongst other things) proposes a number of changes to the way that Sick Pay (SSP) and also Parenting Pay (SMP, SPP etc) will operate. Should this legislation pass, then Payroll Manager will implement the necessary changes via a scheduled software update. We do not expect…
P800 forms – week 53 payments in tax year 2023-24 If you have employees that were paid weekly on a Friday then they may have received a ‘Week 53’ payment in 2023-24, which is quite normal. Because of the way that HMRC calculate tax for ‘week 53’ payments, then this may mean that an employee…
Payroll Year End 2023-24 We have published a series of guides to help you with the Payroll Year End process for 2023-24. These include a guide on sending your final RTI return for the year, as well as instructions as to how to move forward and start processing payroll for 2024-25. Please see Year End…
The Chancellor announced a reduction in the main rate of Employee’s (primary) class 1 contribution rates from 10% to 8% effective from April 2024. This change has been implemented via a software update to Payroll Manager. The update was published on 11 March 2024.
In his Autumn Statement on 22 November 2023, the Chancellor announced that there will be a cut in the rate of Employee National Insurance Contributions from 12% to 10%. These changes will be automatically implemented by Payroll Manager in a software update on 4th December 2023. There is nothing further that you need to do…
We have recently made a small change to the way that the number of hours an employee works can be input on the ‘Pay Details’ screen in Payroll Manager. Previously e.g. if an employee worked 37 1/2 hours, then it was necessary to enter ‘37.5’ into the ‘Hours worked’ column. It is now possible to…