Delayed 2020 Budget Release
Page Update 23/03/2020 @ 15:30
We are happy to announce that the download 2020/21 Tax Year updates are now available for the following products:
Click on the links above to download or look out for the auto update prompt when starting your payroll software.
Page Update 23/03/2020 @ 15:00
We are happy to announce that the 2020/21 Tax Year updates are now available for the following products:
Click on the link above to download the update.
Page Update 20/03/2020 @ 14:00
We are happy to announce that the 2020/21 Tax Year updates are now available for the following products:
- IRIS Payroll Business
- IRIS Bureau Payroll
These update are currently only available via auto update. Downloads will be made available as soon as possible.
Page Update 18/03/2020 @ 12:00
We are happy to announce that the 2020/21 Tax Year updates are now available for the following product:
Click on the link above to download or look out for the auto update prompt when starting your payroll software.
Page Update 17/03/2020 @ 13:00
We are happy to announce that the 2020/21 Tax Year updates are now available for the following products:
Click on the links above to download or look out for the auto update prompt when starting your payroll software.
Page Update 11/03/2020 @ 16:00
The day is finally here for the 2020 budget and thankfully, there are no major surprises.
The only last-minute change is the increase in employment allowance from £3,000 to £4,000.
Please be aware that this increase may impact your ability to claim Employment Allowance. If you wish to continue claiming, then you must ensure that you will not exceed the De minimis State Aid threshold for your sector.
How will I get the update?
We are working on finalising the year-end update for your payroll product and this will be available in coming weeks.
Once your update is available, you can download it from within the system or from www.iris.co.uk/updates
We will update the budget 2020 page confirming when product changes are ready.
Page Update 05/03/2020 @ 12:30
Now that we are approaching year end, we want to provide an update on the required system updates and there is some good news…
…HMRC have now released the rates and information required to complete system updates for FY20-21. The details of their update can be found at:
https://www.iris.co.uk/support/knowledgebase/kb/12213/
These are still subject to change as a result of Budget announcement, however, if there are changes to tax rates or allowances, we would not expect them to operate from 6 April 2020. If applicable, any date for changes to become operative will be announced in due course.
How does this affect the year-end updates?
We are working on completing the changes and running final checks before making the product releases available. We will still be waiting for final confirmation from the upcoming budget but, will be ready to release product updates in the following weeks.
Once your system update is available you will be prompted to download it via auto update when logging into your software, in the usual maner. Updates will also be available to download from www.iris.co.uk/updates
We apologise for any inconvenience caused, as a result of the delayed release of information from HMRC.
Page Update 05/02/2020 @ 10:30
Further to our recent communications regarding the delayed budget, IRIS have continued to work on the upcoming system upgrades.
Though the timings of government updates are still not certain, we are confident that our changes will be delivered in time for the end of the current financial year.
We understand that the uncertainty surrounding the budget may cause you concern, however we can assure you that we are doing everything we can to minimise the impact that this will have.
We will continue to update this page as further information becomes available.
Page Update 16/01/2020 @ 10:45
As you may be aware, the late call for a general election has delayed the release of the budget for financial year 2020/2021. The government have since confirmed that the budget will be delivered on 11th March 2020.
How does this affect Payroll?
The budget defines the proposed changes to a range of factors affecting payroll, and therefore this will have a detrimental effect on the delivery date of our software update in preparation for FY 2020/2021.
As a result of this, we cannot be sure of the scale of impact this will have on the delivery of our software, as there are several factors outside of our control. However, we will make sure that you are kept up to date with progress as regularly as possible.
We are already well underway with the development of legislative changes for all products and will be able to release updates once the remaining elements can be completed.
Please be assured that we are in close contact with HMRC, ensuring that we receive updates as soon as they are available. Several professional bodies are also working with the government, aiming to minimise the impact this has on employers.
How does this affect you?
In the meantime, you can pay your employees as normal for FY 2019/2020 however year-end processes cannot be completed and you will not be able to run any payroll for the 2020/21 tax year until the updates have been made available to you.
