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Employment Allowance 2022/23 Increase

Employment Allowance 2022/23 Increase

The chancellor announced in his spring statement an additional £1000 increase to the employment allowance for the 22/23 tax year.

This brings the total amount that can be claimed by eligible employers to £5000 for the tax year.

Please contact your payroll provider directly to ensure that this late update has been captured in the software update for April 2022.

For further guidance, on the employment allowance eligibility and amount please visit the below website: https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2022-to-2023#employment-allowance

Alternatively, please contact the payroll manager directly for more information on outsourcing your payroll function.

Find out more about Marc Taylor

Marc Taylor

Marc Taylor

Marc is a Payroll Services Director