MY CIPP
PAYROLL news
More employee rights granted under new Paternity Leave (Bereavement) Act 2024 THE PATERNITY Leave (Bereavement) Bill achieved Royal Assent on 24 May, meaning the Paternity Leave (Bereavement) Act 2024 became law in the week leading up to Parliament being dissolved.
The Bill makes provision about paternity leave in cases where a mother, or a person with whom a child is placed or expected to be placed for adoption, dies. It will grant partners automatic rights to paternity leave in these circumstances. While this represents a slight increase in administrative burden for payroll and human resources professionals, it is a positive step forward in ensuring fairness for employees during difficult times. The exact implementation date and plans may change as government news develops after the election. However, due to the nature of the Bill, it has strong cross-party support and is expected to be introduced at the earliest convenience. This Act will cover England, Scotland and Wales, but not currently Northern Ireland, where employment law is devolved. Read more here: https://ow.ly/obBY50S6r8a.
HMRC releases new advisory fuel rates HM REVENUE and Customs (HMRC) has released the advisory fuel rates to be used from 1 June 2024. You can use the previous rates for up to one month after the new rates apply. The fully electric car advisory rate is 8 pence per mile. This will also now be reviewed quarterly along with the other advisory fuel rates. Hybrid cars should be treated as petrol or diesel for the purposes of these rates.
Engine size
Petrol — rate per mile
LPG — rate per mile
14p
11p 13p 21p
1400cc or less
1401cc to 2000cc
16p
26p
Over 2000cc
Engine size
Diesel — rate per mile
13p
1600cc or less
1601cc to 2000cc
15p
20p
Over 2000cc
For more, see https://ow.ly/yyIu50S6rfX.
Diary dates
5 July 6 July
Last day of tax month 3
First day of tax month 4
P11D submission date (to both HMRC and employees) P11D(b) submission date
6 July
Last day for submitting a real time information employer payment summary to apply to tax month 3 Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic method Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by electronic method
19 July
22 July
5 August 6 August
Last day of tax month 4 Last day of tax month 5
Last day for submitting a real time information employer payment summary to apply to tax month 4 Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic method
19 August
22 August
Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by electronic method
13
| Professional in Payroll, Pensions and Reward |
Issue 102 | July - August 2024
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