HMRC have issued the December 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents.
The next Employer Bulletin is in February 2024
The headline tax measure relevant for employers was:
National Insurance Contributions (NICs) rates
In this month’s edition there are important updates and information on:
PAYE
- National Minimum Wage, Geographical Compliance Approach — support for employers
- Relevant Motoring Expenditure — impact of recent Upper Tribunal decision on National Insurance contributions
- payrolling expenses and benefits for the 2024 to 2025 tax year
Tax updates and changes to guidance
- umbrella company guidance for employment businesses and workers
- off-payroll working rules (IR35) — opportunity to pause settlement
- Guidelines for Compliance — help to comply with the reformed off-payroll working rules (IR35)
- basis period reform
- help to check if work qualifies for Research and Development tax relief
General information and customer support
- important information for customers using ‘pay by bank account ‘ to pay HMRC
- help your contractors steer clear of tax avoidance schemes
- The Administrative Burden Advisory Board Annual Report 2023
- make sure you stay on top of your workplace pension duties
- correction to the Apprenticeship Levy Manual
- Childcare Choices — helping families to juggle work and life
PAYadvice.UK 6/12/2023