Category: Employers

Child Care Vouchers – 2023/2024 Basic Earnings Assessment Calculator

This resource is provided kindly by PAYadvice.UK- An employer who provides childcare vouchers to employees are required to undertake an annual Basic Earnings Assessment (BEA) prior to the start of a new tax year to define the tax and NIC free amount of ChildCare Vouchers (CCV) allowed. The rates and limits available are set by … Continue reading Child Care Vouchers – 2023/2024 Basic Earnings Assessment Calculator →

Autumn Statement 2022

Dear IReeN.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor set out the government’s plan to put public spending on a sustainable footing and get debt falling, while protecting vital public services and prioritising the needs of the most vulnerable. Full details are set out … 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 increase by 9.7% to £10.42 an hour for workers aged 23 and over – the largest ever cash increase for the NLW. This represents an increase of over £1,600 to the annual earnings of a … Continue reading National Minimum and Living Wage rise for April 2023 →

Chancellor brings forward further Medium-Term Fiscal Plan measures

Dear IReeN, Please share the following message sent on behalf of the HMRC External Affairs Team.  Earlier today the Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, brought forward a number of measures from 31 October’s Medium-Term Fiscal Plan. The measures are designed to ensure the UK’s economic stability and provide confidence in the government’s … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures →

PAY.UK Confirm Monday 19th September 2022 as a non-payment processing date for BACS

PAY.UK Confirm Monday 19th September 2022 as a non-payment processing date for BACS http://payadvice.uk/2022/09/12/pay-uk-confirm-monday-19th-september-2022-as-a-non-payment-processing-date-for-bacs/ — Read on payadvice.uk/2022/09/12/pay-uk-confirm-monday-19th-september-2022-as-a-non-payment-processing-date-for-bacs/