Home
Budget special, exploring the payroll implications
Thursday, March 24th, 2011
Recommend on Facebook-
- Share on Linkedin
- share via Reddit
- Tweet about it
- Subscribe to the comments on this post
- Print for later
- Tell a friend
The Chancellor presented his annual Budget to Parliament on 23 March so this week’s newsletter explains those announcements that are relevant to payroll.
The Budget did not contain many surprises, although the plan to consult on merging PAYE tax and NICs would have been unexpected had not the Office of Tax Simplification published their recommendations in advance. A few of the tax reliefs that are likely to be scrapped will not be welcome, especially the late-night taxi exemption. The increase in the mileage allowance limit to 45p is a long-overdue adjustment.
There’s no let-up in the volume of questions appearing on the Forum. Did you know that you can receive notification immediately when new questions are posted? Assuming you are already a Forum member, just click the “Subscribe forum” or “Subscribe topic” link at the bottom of each page. Once you have subscribed, the link changes to “Unsubscribe”, so you can cancel whenever you wish.
