Changes to Payroll for the Tax Year 2019/20

Payroll 2019-20@2x-80.jpg
 

The new tax year is here, so below, we have listed some important information and points to consider from April 2019

Click here to download the pdf version

Directors Minimum Salary 2019/20

This will increase to £719.00 per calendar month, or £166.00 per week

National Minimum Wage & National Living Wage

From 1st April 2019 the National Minimum Wage and National Living Wage will be increasing as per below:

Minimum Wage 2019 .jpg

Auto-Enrolment & Pensions

From 6th April 2019 the minimum pension contribution will increase. It is your responsibility to notify your staff of the following changes. The rates will increase as per the below:

 
 
 
 

Employment NIC Allowance

This will remain at £3000

NOTE - If there are any changes to your circumstances regarding payroll, please let us know as soon as you can.

Click here to download the pdf version

 
Paul Clarke