also be backdated to 22 November 2017 so that those eligible who have not previously claimed first-time buyers relief will be able to amend their return to claim a refund.
Devolution Certain key economic policies are devolved, and the UK government has committed to continuing to work closely with the devolved administrations to deliver the maximum benefit for everyone across the UK Spending decisions taken by the UK government in the Budget result in Barnett consequentials for the devolved administrations to deliver their devolved responsibilities: • the Scottish Government’s budget will increase by over £950 million through to 2020-21 before adjustments for tax devolution • the Welsh Government’s budget will increase by over £550 million through to 2020-21 before adjustments for tax devolution. This includes over £25 million as a result of a 5% uplift in Barnett consequentials agreed as part of the Welsh Government’s fiscal framework • the budget for a Northern Ireland Executive will increase by over £320 million through to 2020-21. 26-30 railcard A new 26-30 railcard will be introduced by the end of 2018, offering a one-third discount (subject to a minimum £12 fare in the morning peak) to around 4.4 million 26 to 30 year olds in England, Scotland and Wales. Making it easier to claim compensation The Budget confirms a more streamlined process for compensating passengers affected by rail delays. A one-click delay repay system will be introduced as a requirement for future rail franchises and will be available to those passengers with advance purchase and season tickets. Blocking scams and nuisance phone calls As part of the government’s efforts to tackle nuisance calls, National Trading Standards will receive further funding to extend their project providing telephone call blocking technology to vulnerable people. Banning pensions cold calling Cold calling is one of the most common methods used to initiate pension fraud. To help protect people from fraudsters, the government is publishing a response to its consultation alongside the Budget and will shortly be implementing legislation to make pensions cold calling illegal.
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The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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