All your essential tax details for payroll management are here in Pay Academy’s annual Tax Update Card. Download and print out and stick it on your wall.
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Latest News
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Tax & Facts: All you need to know for 2025-2026
Welcome to the 2025-26 tax year! Please see below for all the key info you will need in respect of employment tax for this year. National Minimum Wage Age Group From April 25 From April 24 Rate rise 21+ £12.21…
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A Christmas message from Pay Academy
From all of us at Pay Academy (plus the office hedgehog). We look forward to working with you in 2025
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Tax & Facts: All you need to know for 2024-2025
So 2024-25 facts and figures can be found below. Significant change on national minimum wage, (see percentage changes over 20%) and don’t forget that the headline figure of £11.44 is now kicking in after the 21st birthday and not 23rd.…
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National Minimum Wage – the truth hurts
We have witnessed a number of investigations in this area recently and thought it might be a good idea to share our findings with you. It appears that HMRC is less interested in the hours times rates scenario – where…
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Tax & Facts 2023-2024: Rates and thresholds for the new tax year (provisional subject to change)
All the figures given below are subject to change in the budget announcement on the 15th March. Indciations so far are that nothing will change in respect of the rates and thresholds listed below. National Minimum Wage Age Group From…
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Christmas Give Away: The not so trivial, trivial benefit
Trying not to bore you as we approach the business end of the year so here is a quick Christmas give-away for you… With cost of living hikes and general doom and gloom on the high street, don’t forget to…