Editorial for Newsletter #300Monday, August 25th, 2008
Both September and October present compliance challenges for payroll departments.
From the start of September, changes are being made to the definition of “qualifying child care” in the context of facilities and vouchers provided by employers. The £55 per week exemption is lost if the child care does not meet the statutory definition, and the impossibly complex definitions are different for each country of the UK.
A week later, the personal tax allowance increases to £6,035, bringing with it procedures that we normally only have to worry about in May each year. All of HMRC’s documents and booklets have been updated and you may already have received the statutory update to your payroll software from the developer.
And, from the start of October, new maternity and adoption rights come into force, although, as recently covered in this newsletter, the effects of the changes are already in place. The government’s Business Link website now includes up-to-date guidance on the changes.
The UK Payroll News is sponsored by HRD & Payroll Solutions