Ahead of the new tax year (starting from April 6th), it is important to familiarise yourself with any key changes to the rules and rates that will impact your business’ payroll for the 2026/27 tax year.
Understanding these updates are crucial for staying both accurate and compliant.
Key changes from April 2026:
- Increases to the National Minimum Wage rates
- SSP is now payable from the first complete day of sickness
- Increases to SPP, SMP, SAP, ShPP, Parental Bereavement and Neonatal care weekly rates
- Increases to Plan 1, Plan 2 and Plan 4 student loan thresholds, with the introduction of Plan 5
To see the full breakdown of all the changes, follow the link below:
If you have any questions or would like to discuss the changes in more detail – please don’t hesitate to reach out.