axis payroll User Guide Supplement January 2024

1. Whats New?

You are advised to read Employer Bulletin December 2023 which is available from the GOV.UK website

As announced by the government 22nd November 2023, the rates of employee National Insurance Contributions (NIC) will be cut by 2 percentage points for employees. This cut will take effect from 6th January 2024 and it will cover Class 1 NICs Main Rate.

axis payroll has been updated to reflect these new rates and you must install a software update for your axis payroll system before running your payroll for pay dates on or after 6th January 2024.