Tax relief for employee pension contributions to pensions schemes is given in two different ways: The Net Pay Arrangement This is where contributions are deducted from an employee’s pay and tax relief is given to the employee at source, applied at their marginal rate. Relief at Source Contributions are deducted after tax and NIC and […]
House of Lords Stands Firm on Employment Rights Bill as Unfair Dismissal Debate Intensifies The government’s flagship Employment Rights Bill has hit another roadblock, as the House of Lords stood firm on key amendments rejected by MPs reigniting the debate over the future of unfair dismissal rights and wider workplace protections. Peers reaffirmed their position […]
Read articleIn a significant boost for recent graduates and long-term borrowers, the UK’s Student Loans Company (SLC) has processed refunds totalling £175.2 million for over 721,100 individuals in the 2024/25 tax year. This marks a sharp rise from the previous year’s £61.1 million disbursed to 216,300 customers, highlighting persistent challenges in the Income Contingent Repayment (ICR) […]
Read articleThe Government launches Consultations on key Make Work Pay measures including protections for pregnant women and new mothers at work, bereavement leave and trade union reforms. The consultations are seeking views on how to shape reforms on proposals put forward to develop employment rights further for workers. Enhancing dismissal protections for pregnant women and new […]
Read articleAs part of the Autumn Budget 2024 information, the government have confirmed that from April 2026, it will be mandatory to payroll all benefits in kind except for: Payrolling for these two benefits will be introduced on a voluntary basis, also from April 2026, and the government will set out the next steps on when […]
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 articleChanges to secondary Class 1 (employers’) National Insurance — reducing the secondary threshold, increasing the rate, and changes to the Employment Allowance As announced at Autumn Budget 2024, the government will introduce legislation to reduce the Class 1 National Insurance contributions secondary threshold, from £9,100 to £5,000 per annum. This will take effect from 6 […]
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 articleIn a move aimed at broadening access to essential heating aid amid rising energy costs, the UK government has announced an expansion of eligibility for Winter Fuel Payments starting this winter. However, the policy comes with a sting for wealthier pensioners: those earning over £35,000 annually will have the full value of their payments recouped […]
Read articleNew Initiative: Job Advisers to Be Placed in GP Surgeries to Help Sick and Disabled People Access Work Bringing work and health support together but experts stress it must remain voluntary. Helping 300,000 People into Work by 2030 GP surgeries across England could soon host specialist employment advisers as part of the government’s plan to […]
Read articleFormer chiefadviser on political strategy to Tony Blair, Matthew Taylor has been appointed chair of the Fair Work Agency (FWA), which will launch in April 2026. Matthew Taylor led the influential Taylor Review of Modern Working Practices in 2016, which provided the foundation for many of the transformative reforms now being delivered through the Employment […]
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.jpg "UK Pensioners to See Expanded Winter Fuel Support")
