PIXIE PAYROLL Blog

The National Living Wage and The National Minimum Wage are set to increase from April 2019:

If you need any further information on the national minimum wage please visit https://www.gov.uk/national-minimum-wage-rates for more information.

HMRC has outlined the Student Loan thresholds from 6 April 2019.

The current thresholds for the tax year 2018/19 are:

• Plan 1 – £18,330
• Plan 2 – £25,000.

The Department for Education (DfE) has confirmed that from 6 April 2019 the thresholds will increase to:

• Plan 1 – £18,935
• Plan 2 – £25,725.

Student loan deductions will remain the same, at nine per cent for Plan 1 and Plan 2 loans.

The National Living Wage and The National Minimum Wage are set to increase from April 2018:

If you need any further information on the national minimum wage please visit https://www.gov.uk/national-minimum-wage-rates for more information.

The pay at the Post Office service will be withdrawn from 15th December 2017 and from 13th January 2018, HMRC will no longer accept payment by personal credit card. Debit cards and corporate credit cards will continue to be accepted.

HMRC hope these changes don’t cause any inconvenience. There are still many ways to pay including:

• Online or telephone banking (including Faster Payments, Bacs and CHAPS)
• Debit/Corporate Credit card online or by telephone.

These are more secure and will save you the time and expense of going to a post office or bank.  GOV.UK has information about paying HMRC including further ways to pay.