Payroll Update for Employers

With everything going on currently it’s easy to forget that normal day to day HR changes are still taking place so I thought it might make sense to set out some of the key changes taking place now or in the coming weeks.

From March 24^th the old SSP rules now apply meaning no SSP is payable for the first three days of absence and is only payable from day 4 for eligible employees.  In essence COVID is simply another illness and to be treated the same as any other employee sickness issue.

There are other important calendar dates to keep in mind with April approaching.  From April 1st, hourly rates for the National Living Wage and National Minimum Wage increase as follows:

On April 3rd, several statutory pay rates including maternity, paternity, adoption, shared parental leave and parental bereavement pay will increase from £151.97 to £156.66.

From April 6th, sick pay will rise from £96.35 to £99.35, and the statutory redundancy weekly cap will also increase.

From 6th April 2022 – 5th April 2023 National Insurance contributions will increase by 1.25 percentage points.  Payroll will need to be updated.

Contact Annabel on 07980 294816 or e-mail annabelhole@fcgagric.com
for help with farm accounts, VAT and all things farming admin.