April has seem changes to pay rates and how pay is managed.
The National Living Wage and National Minimum Wage were increased on the 1st April 2018.
Workers must be at least school leaving age to get the National Minimum Wage and aged 25 to get the National Living Wage.
Pay for all hours worked must be at least the relevant rate of pay and you can find details of current and previous rates here.
Statutory Sick Pay has increased to £92.05 per week and statutory payments for family leave (maternity*, adoption*, paternity & shared parental) increased to £145.18 per week or 90% of employee’s weekly earnings if this is lower.
*The first six weeks of maternity and adoption pay are 90% of the employee’s average weekly earnings.
Another important change is the change in the treatment of payments in lieu of notice. An employer will be required to pay National Insurance Contributions on any part of a termination payment that exceeds the £30,000 threshold. Furthermore, all payments in lieu of notice (PILONs) are now taxable and subject to Class 1 NICs. You can find more information here.