Top 5 Things To Know In Payroll This Week – 12/02/2021

1.     Employer Bulletin Published

HMRC have published their latest employer bulletin.
Now in a new format as a web page rather than a PDF you can download. It’s a long read.

Read More: https://yourpayrollteam.com/employer-bulletin-february-2021/

2.     UK Pensions Bill Receives Royal Assent

The biggest shake-up of UK pensions for decades was confirmed on Thursday 11 February 2021 as the Pension Schemes Bill received Royal Assent.

Read More: https://yourpayrollteam.com/landmark-moment-for-uk-pensions-as-bill-receives-royal-assent/

3.     Error found on CJRS calculator

If you used the CJRS calculator on gov.uk for your January claim, you may need to amend it. https://yourpayrollteam.com/error-found-on-cjrs-calculator-by-hmrc/

Read More: 

4.     It’s National Apprenticeship Week

This week is National Apprenticeship Week with the theme #BuildTheFuture 

There are now two levels of apprenticeship in England. Take a look at the links below to find out more

Level 3: https://www.instituteforapprenticeships.org/apprenticeship-standards/payroll-administrator/

Level 5: https://www.instituteforapprenticeships.org/apprenticeship-standards/payroll-assistant-manager-v1-0

5.     P9 Notice of Coding on its way

HMRC have started this week to send out the P9 coding notices that will give employer’s the tax codes to use for the 2021/22 tax year. So expect to see a flurry of downloads in your software or on PAYE Online. 

https://www.gov.uk/government/publications/employer-bulletin-february-2021/employer-bulletin-february-2021#p9-notice-of-coding