Category: Statutory Payments

Payroll 2025-26: NICs compensation rate on Statutory Payments

HM Treasury have recently consulted on an area of Statutory Payment policy which will impact payroll software. Employers can currently reclaim 92% of employees’ Statutory Maternity, Statutory Paternity, Statutory Adoption, Statutory Parental Bereavement and Statutory Shared Parental Pay. If a business has paid £45,000 or less in Class 1 National Insurance (ignoring any reductions like … Continue reading Payroll 2025-26: NICs compensation rate on Statutory Payments →

PAYE RTI 2025-26: technical pack published

Issued Wednesday 25th September 2024 Dear IReeN,  I am pleased to advise that the 2025-26 RTI technical pack for internet submissions is now available on GOV.UK at Real Time Information support for software developers. Software Developer Support Team  HMRC CDIO EPS | Enterprise Integration Services So what are the changes? The changes for the April 2025 … Continue reading PAYE RTI 2025-26: technical pack published →

Statutory Sick Pay increases from April 2023 to £109.40

Following the government Autumn Statement on 17th November 2023 and the indication that benefits would rise by 10.1%, the Statutory Sick Pay (SSP) weekly rate is to increased by 10.127% from £99.35 to the higher weekly amount of £109.40. The new rate will s applicable to relevant qualifying sickness days from 6th April 2023. The … Continue reading Statutory Sick Pay increases from April 2023 to £109.40 →

Statutory Parental Payment increased by 10.1% from April 2023 to £172.48

Following the governments Autumn Statement on 17th November 2022 and indication that benefits would rise by 10.1%, it has been confirmed that the standard rate for: Statutory Maternity Pay (SMP) Shared Parental Pay (ShPP) Statutory Paternity Pay (SPP) Statutory Adoption Pay (SAP) And Statutory Parental Bereavement Pay (SPBP) will increase from the current £156.66 to … Continue reading Statutory Parental Payment increased by 10.1% from April 2023 to £172.48 →

Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023

Dear IReeN.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where details are not currently known these are marked as TBA and we will provide further information as soon as we receive it. 2023-2024 Personal Allowance: £12,570PAYE Thresholds: Weekly: £242Monthly: £1,048Standard / Emergency tax code: 1257LTax Code uplifts: … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023 →

Nurses, occupational therapists, pharmacists and physiotherapists can now certify and issue fit notes

Nurses, occupational therapists, pharmacists and physiotherapists can now certify and issue fit notes http://payadvice.uk/2022/07/01/nurses-occupational-therapists-pharmacists-and-physiotherapists-can-now-certify-and-issue-fit-notes/ — Read on payadvice.uk/2022/07/01/nurses-occupational-therapists-pharmacists-and-physiotherapists-can-now-certify-and-issue-fit-notes/