Chancellor Rachel Reeves delivered her Spring Forecast 2026 – widely referred to as the Spring Statement – in the House of Commons on 3 March. In a deliberately low-key address, she updated MPs on the Office for Budget Responsibility’s (OBR) latest economic projections without introducing any new tax rises, spending commitments or policy shifts. For […]
Read articleOn 13 January 2026, Scotland’s Cabinet Secretary for Finance and Local Government, Shona Robison, delivered the Scottish Budget for 2026-27 to Parliament. Amid broader commitments to health, social care, and cost-of-living support, the announcement included targeted changes to income tax bands – the most significant payroll-relevant updates for employers operating in or with staff resident […]
Read articlePost Budget delivery 2025, what can we take away from the impacts on Payroll No surprise the Personal Allowance set at £12,570 is to be frozen for a further 3 years, this was originally due to end 5 April 2028, but is now extended to April 2031. The upper limit for National Insurance as it […]
Read articleThe 2025 UK Budget delivered one of the most wide-ranging sets of changes in recent years, affecting everything from wages and pensions to tax thresholds, savings rules and electric vehicle incentives. Whether you’re a worker, saver, parent or employer, these updates will shape your financial picture over the coming years. National Minimum Wage Increases Millions […]
Read articleNo sooner had we discussed the potential for tax rises to be included in the Chancellors’ Budget on the 26 November, it now seems that the Government may have had a change of heart. It was never going to be the most popular choice, given it would lead to a renege on the Governments’ manifesto […]
Read articleSocial security benefits in the UK are managed by several government departments and devolved administrations. The tax treatment of these benefits is defined within Income Tax legislation, and each new benefit’s tax status is confirmed at its introduction. The government is now clarifying the tax treatment of Statutory Neonatal Care Pay, part of the Neonatal […]
Read articleChancellor Rachel Reeves delivered the first Autumn budget under the new Labour Government on 30 October. Here is a summary of the payroll related content. National Living and Minimum Wage NLW From April 2025 the National Living Wage will increase to £12.21 per hour for all eligible employees aged 21 and over. NMW Increases will […]
Read articleOverall, while major tax rate increases on income and VAT are unlikely, targeted measures focusing on wealth and business taxation are expected to help fill the fiscal gap Student Loans, April 2025 For student loan interest rates in the UK from April 2025, projections suggest they will vary depending on the loan plan. The repayment […]
Read articleHMRC has published the latest Agent Bulletin for September, information provided are for those that provide services to payroll professionals, either directly running payrolls or providing Bureaux/Accounting services to clients. Included in the bulletin is a reminder that the new Statutory Neonatal Care Pay and leave (SNCP) will come into force in April 2025. This […]
Read articleHMRC is providing assistance to customers who may be experiencing difficulties with repayment of outstanding tax liabilities that might be due. The Self-Serve Time to Pay has now been introduced to support customers with Simple Assessment debts. The arrangements offer customers the opportunity to set up a payment plan to pay off their debt by […]
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