Good news, britons! Oracle says it is now fully compliant with the nation's latest tax regulations, including those that come into force on April 6th. That's the first day of the UK's new financial year, thanks to some sixteenth-century calendar-realignment shenanigans.

Whatever the reason for the day, those who rely on accounting and human resources software sweat on software companies ahead of new financial years, because updating such applications and testing them is not the kind of thing you want to do in a rush.

Oracle's news news that a patch (support account required) for its HR apps is now available is therefore welcome news, seeing as it gives users a solid two months to get the update installed.

The update delivers the following updates:

Autumn Statement Changes – rates and thresholds for PAYE, NI, statutory payments

Student Loan Changes

Student Loan EDI Submission Changes

P46 Car EDI Changes

Direct Earnings Attachment Changes

Scottish Earnings Arrestments Changes

Real Time Information Changes:

Employer Payment Summary (EPS) Full Payment Summary (FPS) Earlier Year Updates (EYU)

P60 Reports Changes

Scottish Rate of Income Tax Changes

National Insurance Changes

While Oracle's software is now compliant with UK tax laws, it remains unclear if the company's operations comply with the spirit of those laws: in 2013 Big Red was named by Charlie Elphicke, Conservative MP for Dover, as one of several multinational technology companies that have found legal-but-cynical ways to minimise the amount of tax they pay to Her Majesty's Revenue & Customs. ®