HMRC have issued the August 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents.
In this month’s edition of the Employer Bulletin there are important updates and information on:
PAYE
- employer liabilities and payments viewer — ‘Earlier Year Update’ becomes ‘end of tax year adjustment’
- electronic payment deadline falls on a weekend
- student and postgraduate loans
- P11D and P11D(b) for tax year 2023 to 2024
- tax calculation repayments for PAYE customers
Tax updates and changes to guidance
- supporting employees with changes to the High Income Child Benefit Charge
- expanding the cash basis
- basis period reform — reporting on a tax year basis
General information and customer support
- pensions for seasonal temporary staff
- employer registrations — check when you can expect a reply from HMRC
- getting your new employees on the right pay
PAYadvice.UK 17/8/2024