The Statutory Sick Pay Rebate Scheme closes for coronavirus relating to absences after today (17th March 2022). You must submit any claims, including amended claims already submitted, by 24th March 2022 If you or your payroll provider do not...
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From 24th March 2022, COVID Statutory Sick Pay (SSP) will revert back to being paid only on the fourth day of continual sickness rather than day one. The prime minister has made several announcements in his plan to live...
As expected on 21st February 2022 the Prime Minister announced that the legal requirement to self-isolate after testing positive for COVID and the £500 quarantine support payment will end on Thursday 24th February 2022. The prime minister also confirmed...
For the past few years businesses and payroll professionals have had to adapt to the ongoing changes due to the pandemic, COVID statutory pay (SSP) being one of them. Currently with COVID SSP and subject to them qualifying you...
HMRC announced on 6th January 2022 that they will not charge for late: filing penalties for those who file online by 28th February 2022 payment penalties for those who pay tax due in full or set up a payment...
From 6th April 2022, repayment thresholds and interest rates for student loans will be: Plan 1 – £20,195 (increase from £19,895) Plan 4 – £25,375 (increase from £25,000) The interest rate for plan 1 and 4 remains at 9%...
HMRC have now confirmed the new rates for 2022-23, although the following rates are subject to parliamentary approval. Income Tax Rate – Wales Basic rate 20% £1-£37,700 Higher rate 40% £37,701-£150,000 Additional rate 45% Over £150,000 Income Tax Rates...
Along with a number of updates from HMRC, we can confirm that the new rates for tax year 2022/23 are as follows: SSP weekly rates for sickness will increase from 6th April 2022 from £96.35 to £99.35. Parental leave...
On September 7th 2021 the government announced a new 1.25% Health and Social Care Levy to fund investment in the NHS and social care. For working age employees the Levy will be introduced from April 2022. This will also...
We have recently experienced one of payroll clients contacting us devastated that her accountant had been outsourcing her work to a company in India. The company in India had filed early accounts and ceased her as Director. We advised...