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Legislation Rates and Allowances for Tax Year 2020/2021

Please note, whilst every effort has been made to ensure this information is correct, please check with HMRC if unsure. Income Tax Tax Bands rest of UK Rate Band(£) 20% 0 – 37,500 40% 37,501 – 150,000 45% Over 150,000   Tax Bands Wales Rate Band(£) 20% 0 – 37,500…

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New GP Payroll Report – Pension Rate Summary

A new report has been introduced to KashFlow Payroll which will show the contribution rate changes. The report is called Pension Rate Summary, and can be printed from:  Reports | GP Pension Reports | Pension Rate Summary Users will also be prompted to print the report when finalising the last…

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KashFlow Payroll Release 1.5.1: Furlough Update

Welcome to KashFlow Payroll Release 1.5.1. This update of the software concerns the support for the latest changes to furlough legislation from HMRC in KashFlow Payroll, making it easier to calculate what you can claim back from the government, using the Coronavirus Job Retention Scheme.   Further information can be found here.   The Coronavirus…

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We have recently updated the pension tiers for the NHS Pension Scheme for England/Wales for 2023/2024 following the changes announced recently; the changes to the pension tiers apply from 1st April 2023. In addition to this, the AfC Pay Awards have also been announced, also with the instruction to backdate…

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NI Rates 2023/24

Following the Autumn Statement by the Government, a reduction to most NI rates was introduced from January 6th 2024 This included a new blended rate for Directors Further Information can be found here:  Changes to National Insurance contributions from 6 January 2024 – GOV.UK (www.gov.uk) Rates:

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New NHS Pension Tiers and Contributions (Scotland)

New Pension Rate to be used from 1st October 2023 are as follows: Scotland (TABLE 1) Used in respect of members in pensionable employment on the last day of the previous scheme years and the first day of the current scheme year. Tier Pensionable Pay used to determine contribution rate…

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