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Research into how salary sacrifice is used for pensions HMRC COMMISSIONED IFF Research to gain an understanding of how employers currently use salary sacrifice arrangements for pensions. As part of the research, hypothetical changes to the operation of tax reliefs for salary sacrifice were put to respondents to see how they might impact their use. The scenarios were as follows: l removal of the National Insurance (NI) exemptions for both employees and employers l removal of the NI exemption for employees and employers and removal of the tax exemption for employees l removal of the NI exemption but only above a threshold of £2,000 per year. The conclusion reveals that all the scenarios posed drew negative reactions from employers to different degrees. You can read the full report and its findings here: https://ow.ly/eVwr50W5mkk.
The latest NMW naming round published AS MENTIONED in this issue’s ‘On your behalf’, the Department for Business and Trade (DBT) recently released the latest list of companies found to have underpaid staff, by failing to pay the national living wage (NLW) and national minimum wage (NMW). It was confirmed that nearly 60,000 workers were left out of pocket by their employers, with a grand total exceeding £7.4 million needing to be repaid. The businesses named were found to be non-compliant with NMW regulations during investigations carried out by HM Revenue and Customs (HMRC) between 2015 and 2022. The staff who had previously been underpaid have now been paid the money they were owed, and in addition to this, businesses would have had to pay additional financial penalties of up to 200% of any underpayments. So, when there’s non-compliance with NMW rules and regulations, there can be severe financial implications for businesses, but also massive reputational damage associated with appearing on the naming round. It’s important to note here that all businesses found to be in breach of the NMW rules are included on the list, and many of them will have inadvertently underpaid their staff. Organisations are included on the list regardless of whether the underpayments were deliberate or not. This is why it’s so key for businesses to be aware of complex NMW legislation and to ensure they upskill and train any individuals involved in ensuring NMW is paid. The DBT press release can be found here: https://ow.ly/N0XZ50W5m8A. An additional Educational Bulletin is released alongside the naming list and can be located here: https://ow.ly/I7XX50W5m7s.
Diary dates
Last day of tax month 3
5 July 6 July
First day of tax month 4
P11D submission date (to both HMRC and employees) P11D(b) submission date
6 July (This is a weekend date)
Payroll Live North - Visit cipp.org.uk/payrolllive for information
9 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 (This is a weekend date)
22 July
Last day of tax month 4 Last day of tax month 5
5 August 6 August
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
Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by electronic method
22 August
| Professional in Payroll, Pensions and Reward | July-August 2025 | Issue 112 7
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