There are a number of payroll changes coming into effect from April 2019 that employers need to be aware of.
- The National Minimum Wage increases
- Auto-enrolment pension contributions for both the employer and the employee increase to 3% and 5% respectively
- The Personal Tax Allowance increases to £12,500 per annum
- The Basic Tax Threshold increases to £37,500 (an increase of £3k). This means the higher rate threshold will be £50,000 in 2019/20
- Statutory Sick Pay (SSP) increases to £94.25 per week
- Statutory Maternity & Paternity Pay increases to £148.68 per week
- Payslips must be provided to all workers, and,
- Where an employee’s pay varies by the amount of time worked, the number of hours worked must be shown on the payslip.
All personal employee data must be stored and processed in line with the General Data Protection Regulation (GDPR). If you are sharing data with a third-party, you should make sure the data is encrypted or shared via a secure portal.
If you need assistance with the above or any other payroll matters, please contact either Lee Reynolds or Samantha Robinson on 01788 539000.