HMRC have issued the December 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 National Insurance contributions and Employment Allowance changes announced at Autumn Budget 2024
- automatic enrolment duties for festive season workers
- evidence required to claim PAYE employment expenses
- electronic payment deadline falls on a weekend
- Guidelines for Compliance — help with the Apprenticeship Levy and Employment Allowance — connected entities
- support if your employees have paid too much tax — claim a tax refund
- employers PAYE and Construction Industry Scheme repayments
- confirming plans to mandate the reporting of benefits in kind through payroll software from April 2026
- 2025 to 2026 student and postgraduate loans thresholds and rates
- go paperless with PAYE Online
Tax updates and changes to guidance
- basis period reform — reporting on a tax year basis
- help your employees access the financial support they are entitled to
- official rate of interest from 6 April 2025
- Investment Zone employer National Insurance contributions relief guidance
General information and customer support
- help your employees top up their State Pensions
- UK subsidy reporting arrangements for climate change agreement scheme participants for calendar year 2023
- Spotlight 65 — General Data Protection Regulation provision used to reduce tax liability
- Spotlight 66 — Limited Liability Partnerships arrangements used to disguise employment income
- how to complain
- free cyber security toolkit for small businesses
PAYadvice have already or will cover and provide an industry view on some of these areas over the next few days.
PAYadvice.UK 5/12/2024