In a letter released this week by Rishi Sunak, Chancellor of the Exchequer, it has been confirmed in agreement with the Prime Minister that there will be a multi-year Spending Review which will set resource and capital budgets for 2022-23 to 2024-25 and conclude on 27 October 2021, alongside an Autumn Budget 2021. Key reasoning for this budget is to ensure the UK continues to come out of the COVID-19 crisis and build for the future and will be a timely announcement which will give the payroll industry a reasonable period of time to review and ensure change will be in place for the 2022/23 tax year.

Further announcements would be expected prior to the budget and as usual we will be holding a webinar at the time of the budget to review the changes and announcements.

"My team always attends the annual Payroll and HR Update course. Essential information covering often complex legislative changes, always presented by excellent trainers with in depth knowledge of their subject. A 'must attend' course for any serious payroll professional."

Deon Piovesan
Finance and Payroll Manager at Capital City College Group

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