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Wait before you process your July payroll - the National Insurance primary threshold is changing
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Sign in
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Important Government changes to payroll
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Hello Ramy,
<br/>
<br/>
We wanted to give you a heads-up on some key payroll changes from the Chancellor’s Spring Statement that may affect your business.
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<td align="left" class="" style="font-family: Avenir, Arial, sans-serif; font-size: 24px; line-height:28px; font-weight: 600; color:#0D333F;">
The National Insurance primary threshold is increasing
</td>
</tr>
<tr>
<td align="left" class="" style="font-family: Avenir, Arial, sans-serif; font-size:16px; line-height:20px; color:#0D333F; font-weight: normal; padding-top: 3px;">
<br/>
On
<strong class="">
06 July 2022
</strong>
the National Insurance primary threshold is increasing. QuickBooks will be updated to reflect these changes - so wait before you process your July payroll.
<br/>
<br/>
We’ll let you know when this update is complete via a notification in your QuickBooks product.
</td>
</tr>
<tr>
<td align="left" class="" style="font-family: Avenir, Arial, sans-serif; font-size: 24px; line-height:28px; font-weight: 600; color:#0D333F;">
<br/>
Anything else I should know?
</td>
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</td>
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<tr>
<td align="left" class="" style="font-family: Avenir, Arial, sans-serif; font-size:16px; line-height:20px; color:#0D333F; font-weight: normal; padding-top: 3px;">
The Chancellor has confirmed there’ll be an increase to the employment allowance for small businesses to £5,000. This will apply from
<b>
April 06 2022
</b>
.
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
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<td align="left" class="" style="font-family: Avenir, Arial, sans-serif; font-size:16px; line-height:20px; color:#0D333F; font-weight: normal; padding-top: 3px;">
You can read the Government’s Spring Statement 2022:
<b>
Business Support Factsheet
</b>
<a style="font-family: Avenir, Arial, sans-serif; color:#0077C5; text-decoration: none; font-weight: 600; font-size:16px; line-height: 20px; display: inline;">
here
</a>
*.
</td>
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</td>
</tr>
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</table>
</td>
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There is also a Personal Tax FactSheet which may be useful to you or your employees
<a style="font-family: Avenir, Arial, sans-serif; color:#0077C5; text-decoration: none; font-weight: 600; font-size:16px; line-height: 20px; display: inline;">
here
</a>
.
</td>
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</td>
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</tbody>
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</td>
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Any questions?
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We’ll let you know once QuickBooks has been updated to reflect this change in the National Insurance primary threshold. If you have any questions, browse our
<a style="font-family: Avenir, Arial, sans-serif; color:#0077C5; text-decoration: none; font-weight: 600; font-size:16px; line-height: 20px; display: inline;">
community help pages
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Based on number of QuickBooks Online customers September 2019
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2 years, 8 months ago - intuit@eq.intuit.co.uk
Important Government changes to payroll
Wait before you process your July payroll - the National Insurance primary threshold is changing ...