16 April 2025
This month’s bulletin features several key pieces of information, including tax year end duties and reporting requirements.
The full list of items covered can be found by reviewing the bulletin direct. The most payroll relevant updates are below:
PAYE
- new rates of the National Minimum Wage
- changes to company size thresholds for off-payroll working
- off-payroll working — student and postgraduate loan deductions
- student loans thresholds, rates and loan start notices
- employer National Insurance, Employment Allowance and Small Employers’ Relief — check if changes affect your business
- check if you need to amend your payroll for female employees who pay less National Insurance
- reporting expenses and benefits for the tax year ending 5 April 2025
- paying your PAYE and VAT bill by Direct Debit
Tax updates and changes to guidance
- Freeport and Investment Zone special tax sites — employer National Insurance contributions relief guidance update
- the Official Rate of Interest from 6 April 2025
- changes to notifications by employers to operate PAYE on a proportion of a globally mobile employee’s income and changes to Overseas Workday Relief
- tax treatment of double cab pickups
General information and customer support
HMRCs support for customers who need extra help
HMRC’s principles of support for customers who need extra help set out our commitment to support customers according to their needs and underpin the HMRC Charter. Find out how to get help and the extra support available.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.