axis payroll User Guide Supplement March 2023

1. What's New?

You are advised to read the Employer Bulletin: February 2023 which is available from the GOV.UK website

Employers continue to be required to supply all employees with a P60 if they are still in your employment at the end of each tax year. 

HMRC are no longer supplying pre-printed stationery. 

axis payroll  prints the P60 documents to a PDF file from where the documents can then be printed on plain A4 paper and issued to your employees. 

Note: for axis payroll 2020 and 2022 users or those that have the Paperless Payroll Foundation feature, running Create P60 Atttachments will create an axis payroll password protected pdf version of the P60 on the employee record.

Additionally, for axis payroll systems with the People HR Interface feature or the eDoc Deposit Interface feature, P60's can be delivered to your employees via their People HR or eDoc Deposit account. These are password protected and an additional password protected copy is stored in the attachments tab of the employee record in axis payroll.

On 7th September 2021 the government announced a new 1.25% Health and Social Care Levy to fund investment in the NHS, health and social care. The Levy is effectively introduced from April 2022 when National Insurance contributions for working age employees, self-employed people and employers will increase by 1.25 percentage points.

In the December 2022 Employer Bulletin, HMRC advised employers that GOV.UK guidance had been updated to reduce National Insurance contributions by 1.25 percentage points from 6th November 2022.

The previously announced additional Health and Social Care Levy from 6th April 2023 has also been rescinded by the Government.

As announced by the Chancellor of the Exchequer 23rd March 2022 in the Spring Statement 2022, the annual Employment Allowance increased for eligible businesses from £4,000 to £5,000 from 6th April 2022. This remains at £5,000 for tax year 2023-2024.

As announced by the Chancellor of the Exchequer 23rd March 2022 in the Spring Statement 2022, the level at which employees start to pay National Insurance contributions increased through the application of a raise to the National Insurance Primary Threshold from £9,880 per annum to £12,570 per annum from 6th July 2022. 

axis payroll was updated to reflect these new thresholds and axis payroll User Guide Supplement June 2022 was published in relation to these changes.