Key points to note for employers in April were:
- The National Living Wage is extended to workers aged 23 and over and increases to £8.91 per hour from 1 April 2021. Increases in the National Minimum Wage also take effect on 1 April, together with a requirement for employers to keep records for 6 years (rather than the current requirement of 3 years)
- New statutory rates (for example, SMP and SSP) come into effect on 4 April 2021
- The maximum amount of a week’s pay (used to calculate statutory redundancy payments) increases to £544 (from £538) where the effective date of termination is on or after 6 April 2021
- The IR35 regulations for off-payroll working are extended to large and medium sized private sector employers from 6 April 2021.
As always, if you have any burning questions please don’t hesitate to get in touch with the team.