Payroll’s most-asked questions in September
See this month's most-asked payroll questions from sick pay to benefits in kind and how ASKTPC gives members the same answers instantly.
See this month's most-asked payroll questions from sick pay to benefits in kind and how ASKTPC gives members the same answers instantly.
The Department for Work and Pensions has updated the SSP1 form (the employer form issued when Statutory Sick Pay is not payable or is ending) to include the specific reason: “Your earnings in the 8 weeks before your sickness absence began were £0.” This follows the major Statutory Sick Pay reforms that took effect from […]
People have until 5 April 2025 to maximise their State Pension by making voluntary National Insurance contributions to fill any gaps in their NI record between 6 April 2006 and 5 April 2018. More than 10,000 payments worth £12.5 million have been made through the new digital service to boost people’s State Pension since it […]
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 articleThe Chancellor of the Exchequer Rachel Reeves announced her commitment at the Labour party conference in Liverpool on 29 September, to further her pledge to invest monies in ensuring every young person that is not in Education, Employment or Training (NEET) will be offered a guaranteed work placement which is expected to be partially funded […]
Read articleThe Living Wage Foundation (LWF), known for promoting fair wages, has extended its concern to the realm of retirement. As the cost of living rises and more people are struggling to save, ensuring a decent pension for a comfortable retirement becomes increasingly important. There is a growing awareness that many people, especially those on lower […]
Read articleIn a move that has left many UK employers scrambling for alternatives, HM Revenue & Customs (HMRC) has formally withdrawn its National Insurance Number (NINO) Verification Request (NVR) service. Announced quietly in an update to the PAYE55030 guidance on June 27, 2025, the service ceased operations on February 3, 2025, with no clear timeline for […]
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 articlePhased Returns to Work and Statutory Sick Pay (SSP) in the UK: Arrangements That Don’t Satisfy a Period of Incapacity for Work (PIW) Phased returns to work are a common approach used by employers in the UK to support employees who are recovering from illness or injury. These arrangements allow employees to gradually increase their […]
Read articleIn the latest series of meetings on the Make Work Pay plan, the Deputy Prime Minister Angela Rayner and Business Secretary Jonathan Reynolds hosted a Business Breakfast on Tuesday 3rd September 2024 to discuss the upcoming Employment Bill. With employment rights high on the agenda, the ministers met with business representatives to discuss the impending legislation. […]
Read articleThe UK government led by Chancellor Rachel Reeves, has launched a comprehensive review of pension schemes. This initiative is part of a broader strategy to enhance the efficiency and effectiveness of the UK’s pension system, particularly focusing on defined contribution (DC) schemes and the Local Government Pension Scheme (LGPS). The review seeks to address the […]
Read articleThe Financial Conduct Authority’s (FCA) recent statement on workplace savings schemes, which aims to clarify regulations and encourage employers to adopt these programs to enhance employees’ financial resilience across the UK. The Power of Workplace Savings Workplace savings schemes allow employees to save directly from their payroll into accessible cash accounts, with the flexibility to […]
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