The results of Rachel Reeves’ November budget that will affect your payroll from April 2026 are as follows: * Income Tax: The thresholds at which the different band of Income Tax kick in will be frozen until 2031. * National Insurance: The Lower Earnings Limit will increase from £125 to £129 per week. All other […] Read more »
MANDATORY PAYROLLING BENEFITS IN KIND
The government will make the reporting and paying of Income Tax and Class 1A National Insurance Contributions (NICs) on benefits in kind via payroll software mandatory from April 2027, building on the progress already made on the government’s ambition to fully digitalise the reporting of benefits in kind. Mandation will simplify the tax affairs of […] Read more »