Upgrade Sage 50cloud Payroll v28.02 for National Insurance threshold increase

During the Spring Statement Rishi Sunak announced that the National Insurance threshold would be increasing to be in line with the income tax threshold (personal allowance). This will come into effect from 6th July 2022. The threshold will increase by £3000 and employees can earn up to £12,570 before having to pay National Insurance. In order to ensure that your … Read More

What is the National Insurance Contribution Uplift?

From 6th April 2022 the Health and Social Care Levy will be coming into place. In order to fund the NHS and other health and social care sectors who have been impacted by the Coronavirus pandemic, national insurance contributions will have a levy applied to them of 1.25%. If you’re processing payroll HMRC recommend you make sure that your employees … Read More