πŸ“’ Exciting Updates from Augustus Payroll Blog! πŸ“Š Jeremy Hunt's recent speech unveiled key changes, including a 2% reduction in employee NI to 8% from April 6, 2024. Dive into our latest blog post for insights on tax, High Income Child Benefit Charge, 'small pots' pensions, and new investment zones. Stay informed with Augustus Payroll Services! πŸ’ΌπŸ“† #PayrollUpdates #TaxChanges #NIreduction #SpringBudget2024

Spring Budget Unveiled: Key Payroll Changes in the Spotlight After Jeremy Hunt’s Address

πŸ“’ Exciting Updates from Augustus Payroll Blog! πŸ“Š Jeremy Hunt’s recent speech unveiled key changes, including a 2% reduction in employee NI to 8% from April 6, 2024. Dive into our latest blog post for insights on tax, High Income Child Benefit Charge, ‘small pots’ pensions, and new investment zones. Stay informed with Augustus Payroll Services! πŸ’ΌπŸ“† #PayrollUpdates #TaxChanges #NIreduction #springbudget2024

Holiday Pay Changes

The government has introduced forthcoming legislation to revamp holiday pay for part-time and irregular hours employees, effective from January 2024. Alongside streamlining calculations, the Department for Business and Trade has sanctioned ‘rolled up’ holiday pay for part-time and irregular hours workers. This adjustment, arising from extensive consultations on EU employment law and holiday pay, aims…