Introduction to Newsletter 11.02.10Thursday, February 11th, 2010
Still over 2½ years away, we are currently finding out more and more about the 2012 pension reforms and the optional NEST scheme – but also identifying new areas where clarification is needed. This week we have some guidance from the Pensions Advisory Service, detailing some of the issues that employers should already be considering.
We also have more about the new-style Medical Statements that we expect to come into use from April 2010. And our new-style payroll calendar provides some of HMRC’s activities over the coming month, in addition to the regular employer deadlines.
There might appear to be two Employer FAQs this week but one of them is a new paragraph that clarifies some potentially misleading wording in last week’s article. This week’s regular FAQ is a somewhat technical explanation of how to calculate NICs thresholds for some of the less common earnings periods – very useful if you need to calculate NICs manually – perish the thought! This came from another recent response to a question asked on the PayPerShop Forum.
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