Each year the UK and devolved governments announce changes to the rules and values for various statutory deductions and change. These changes generally take effect in April, with the United Kingdom tax year commencing on 6th April. The Payroll Advisory Legislation Service team ran a series of 6 webinar which covered the changes for this next … Continue reading 2026 Payroll Workout – Getting ready for the new tax year and beyond
Tag: #Budget2025
As part of the budget 2025, the £12,570 tax free allowance freeze has been extended from the current freeze until April 2028 to a new three year freeze extension to April 2031. This will see an increase in tax income as more individuals through fiscal drag are placed into higher and additional tax rates. The … Continue reading Budget 2025 – Tax free pay freeze extended
The chancellor is ‘asking everyone to make a contribution’. She has confirmed that there will be no changes to Income Tax and National Insurance. This will see an increase in tax income as more individuals through fiscal drag are placed into higher and additional tax rates. The tax rates were confirmed as frozen for the … Continue reading April 2026 rUK Tax (England / Northern Ireland)
As part of budget 2025, Rachel Reeves announced a freeze of National Insurance thresholds and rates until April 2031. Well not everything was frozen, it was after confirmed that the National Insurance Contributions (NICs) Lower Earnings Limit (LEL), the point where individual start accruing state benefit rights, would rise by +£4 to a new £129 … Continue reading April 2026 – National Insurance freeze! Well almost
The HMRC Software Developer Support Team have kindly issued the new adjusted HMRC ‘New Starter Checklist’ to software developers to aid preparation for the 2026/2027 tax year. This new format comes into operation for payroll paying from 6th April 2026. Many years ago these were referenced as a P46 and that name continues to sometimes … Continue reading April 2026 Starter Checklist changes
Student Loan deductions The student plan threshold applicable from 6th April 2026 for Plans 1 and 5 were confirmed on Tuesday 19th August 2025. The threshold for Plan 4 (Scotland) was shared by the HMRC CSL Consultation Group on Tuesday 2nd September 2025, and was more formally confirmed by the Scottish Parliament. The Department for … Continue reading April 2026 Student Loan Repayment Thresholds confirmed
I have concluded my statutory annual review of …. benefit rates under the Social Security Administration Act 1992. The new rates will apply in the tax year 2026-27, with most increases coming into effect from 6 April 2026. …. benefit rates covered by my statutory review will be increased by 3.8%, in line with the … Continue reading April 2026 Statutory Sick Pay SSP rate change
The Chancellor of the Exchequer Rachel Reeves has announced on the day before her 26th November 2025 Autumn Budget the acceptance of the Low Pay Commission recommendations on increases to the National Minimum Wage and National Living Wage. These uplifts are predicted in benefit 2.7 million U.K. workers with a significant increase in pay. (c)2025 … Continue reading April 2026 National Minimum and Living Wage