PAYE and NI

Important dates and deadlines for December 2016

Here are the important tax dates and deadlines to be aware of from 1 December 2016.

NIC and income tax alignment could affect 40% of workers

Proposals to align national insurance contributions and income tax could affect two fifths of workers.

National living wage slowing pay growth

The cost of the national living wage is impacting wage growth with employers expecting average salary growth of 1.7% in 2016.

Regulations on holiday pay arrears come into effect

Regulations to prevent backdated claims for holiday pay going back more than 2 years have taken effect from 1 July 2015.

HMRC relaxes PAYE late filing penalties

HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated.

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