Get set up for the new tax year with Xero Payroll
Xero
MARCH 13, 2024
Here are some key updates you need to know about, as well as our tips for a smooth transition into the 2025 financial year. Further reduction to NI As announced in the Spring Budget on 6 March, HMRC are applying a further reduction to employee class 1 NI contributions from 10% down to 8% as of 6 April. Aged 18 to 20 £8.60
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