ICB brings you information on the latest update to HMRC booklet CWG2, the ‘further guide to PAYE and National Insurance contributions’.
This is the document we refer to in less common payroll situations.
The 2024/25 version was published on 13 February 2024 and has been updated three times since then:
- 06 April
- 09 April and
- 23 May
ICB details the latest changes below.
23 May 2024
There were 3 amendments:
1. Section 1.14 ‘Standard payments made when, or after, an employee leaves’. ICB cannot see the change that has been made here, so there is no need to make changes to existing processes
2. Section 3.9.7 ’National Insurance contributions — zero rate of secondary rate contributions for employees working in a Freeport special tax site’. The change clarifies the employment date eligibility condition that enables employers to use the Freeport National Insurance category letters. The employment must have started on or after 06 April 2022 and before 30 September 2031 (for English Freeports) or before 30 September 2034 for Scottish Green Freeport and Welsh Freeport special tax sites
3. Section 3.9.8 ‘National Insurance contributions — zero rate of secondary rate contributions for employees working in an Investment Zone special tax site’. The change clarifies the employment date eligibility condition that enables employers to use the Investment Zone National Insurance category letters. The employment must have started on or after 06 April 2022 and before 30 September 2034
For Bookkeepers
Always ensure you are referring to the most recent update (dated 23 May 2024).
