There are additional Bacs non-processing days over the Christmas and New Year period, which are detailed in the table below. To ensure your payments are made on time, Bacs is asking to please submit your files as early as possible.
A reminder that you can submit files up to 30 calendar days in advance of the processing date. If you cannot submit in advance, Bacs recommend early submission on the input day (from 07:00 onwards).
PAYMENT ARRIVAL DATE
PROCESSING DATE
LATEST SUBMISSION DATE
Monday 24 December
Friday 21 December
Thursday 20 December
Thursday 27 December*
Monday 24 December
Friday 21 December
Friday 28 December
Thursday 27 December*
Monday 24 December
Monday 31 December
Friday 28 December
Thursday 27 December*
Wednesday 2 January
Monday 31 December
Friday 28 December
Thursday 3 January
Wednesday 2 January
Monday 31 December
Friday 4 January
Thursday 3 January
Wednesday 2 January
*Consult your sponsor for entry date and processing day arrangements for accounts held in Northern Ireland.
Please ensure your software reflects non-processing days. If you do not know how to do this, please contact your software supplier.
For the full list of non-processing days, see Bacs processing calendars.
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Proposed statutory payment rates for 2019-20 28 November 2018
The Department for Work and Pensions (DWP) has published the proposed benefit rates and pension rates for 2018- 19.
Statutory rates
2018-19
2019-20
STATUTORY ADOPTION PAY Earnings threshold
£116.00 £145.18
£118.00 £148.68
Standard Rate
STATUTORY MATERNITY PAY Earnings threshold
£116.00 £145.18
£118.00 £148.68
Standard Rate
STATUTORY PATERNITY PAY Earnings threshold
£116.00 £145.18
£118.00 £148.68
Standard Rate
STATUTORY SHARED PARENTAL PAY Earnings threshold
£116.00 £145.18
£118.00 £148.68
Standard Rate
STATUTORY SICK PAY Earnings threshold
£116.00 £92.05
£118
Standard Rate
£94.25
The full list of Proposed benefit and pension rates 2019 to 2020 is available on GOV.UK.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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