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PAYE and NICs guides updated

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HMRC have updated the 2024/25 version of its CWG2 employer guide to PAYE and NICs to note the following:

  • tax-free lump sums over £30,000 paid to employees who cannot work due to disability, injury or ill health no longer need to be reported to HMRC (also reflected in the 2023/24 edition);
  • the new rules around reporting salary advances have been added; and
  • the latest rates of NICs have been updated as necessary throughout.

HMRC have also published the 2024/25 edition of its guide CA44 National Insurance for company directors.

Issue: 1658
Categories: News