Significant changes came into force this tax year regarding the National Minimum Wage and National Living Wage. In this blog we examine what this means for employees who were on maternity leave when the new rates came into force. In 2005, after a ruling at the European Court of Justice, Statutory Maternity Pay (SMP) regulations … Read more
The new tax year is fast approaching, and there are significant changes to the National Minimum Wage and National Living Wage which come into force on 1st April 2024. Here at Payroll Junction we have you covered with a summary of all the important information you need to know! National Living Wage Having previously only … Read more
In this blog, we give you a run-down of all the changes you need to know about for preparing payroll in 2023-24. Tax Rates & Allowances There has been no change to UK-wide personal allowances or basic rate tax for 2023-24. In England and Wales there have however been changes to the higher (40%) and … Read more