October 2022 HMRC Employer Bulletin

HMRC have published their October 2022 edition of the employers bulletin.

It covers a multitude of topics:

PAYE

Reduction in the rate of National Insurance contributions and reversal of the Health and Social Care Levy — employer actions

Making your PAYE Settlement Agreement payment

Guidelines for Compliance — help with PAYE Settlement Agreement calculations

Electronic payment deadline falls on a weekend

Guidance for employers on reporting PAYE information in real time when payments are made early at Christmas

Student loans

Take advantage of the National Insurance holiday for employers of veterans

New starter checklist interactive guidance goes live — helping customers get it right

HMRC app and pre employment checks

How to reduce the number of P11Ds you fill in and send to us

Tax updates and changes to guidance

New tax year basis will affect some sole traders and partners

You must now file VAT Returns using Making Tax Digital-compatible software

Change to VAT penalties and interest charges

Decision tool and calculator for the 130% super-deduction and the 50% special rate capital allowances

New powers for naming tax avoidance promoters

Spotlight 60 — warning for agency workers and contractors employed by umbrella companies

PAYadvice.UK 23/10/2022