Articles and information in relation to UK Payroll for business, employers and employees.
As part of the August 2023 employer bulletin and also spotlight 62, HMRC are communicating information on another failed tax … Continue reading Funding education by dividend diversion? It doesn’t work!
The Insolvency Service has launched a new online information hub to support company directors on Monday 10th July 2023. The … Continue reading New information hub for company directors launched to help make the right decisions at the right time
459 directors disqualified in 2022-23 for abuse of the pandemic financial support schemes, with average disqualification length of seven years … Continue reading Action taken against directors for COVID-19 financial abuse
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
The Chancellor of The Exchequer Jeremy Hunt has, Monday 17th October 2022, brought forward a number of measures from 31st … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
The government on Friday 14th October 2022, announced (as part of the PM pres conference) that Corporation Tax will increase … Continue reading U-Turn on Corporation Tax
The following has been provided by the HMRC Software Developer Support Team (SDST):- Dear Developer, On 22 September the Government … Continue reading Payroll 2022-23: November changes to NICs
HMRC uses new powers to publicly name the directors of tax avoidance promoting companies. Tax avoidance bosses have been named … Continue reading Directors of a tax avoidance promoters named for the first time
With the resignation of Boris Johnson and the ongoing election of a new Prime Minister with announcements to be made … Continue reading Preparing for the 3rd National Insurance payroll change!
Directors disqualified under new powers to tackle directors from dissolving companies and walking away without paying their debts. The four … Continue reading Directors banned for abusing dissolution process
The government have launched a consultation to improve data in relation to employment and self employment. The consultation Proposes a … Continue reading Improving the data HMRC collects – consultation
Best Employment Services provided umbrella payroll services and outsourced its operations to a network of Isle of Man companies, and … Continue reading Umbrella company director banned
Rogue directors who dissolve companies and avoid paying liabilities to staff, creditors and the taxpayer can now be disqualified from … Continue reading Crackdown on directors who dissolve companies to evade debts
Since April 2016, the rates of Income Tax applicable to dividend income have been 7.5%, 32.5% and 38.1% for basic, … Continue reading Dividend tax increase April 2022
Running a small business and needing to find finance assistance, the latest blog by the Governments Actuarial Department (GAD) looks … Continue reading Finance for small businesses
The traffic commissioner for the West Midlands, Nick Denton, recently held a public inquiry into Mafuwer Logistics Ltd. The company … Continue reading Improperly obtained bounce-back loan
From next April the government will create a new, UK-wide, 1.25 per cent Health and Social Care Levy with dividends … Continue reading Health and Social Care Levy – Dividends
Off-payroll working rules (commonly known as IR35) changed on 6th April 2021. In efforts to overcome IR35 responsibilities some arrangements … Continue reading Off-payroll (IR35) contracted out services
In the agent update 87, the HMRC remind agents about an arrangement where a company creates an unfunded pension obligation … Continue reading Using unfunded pension arrangements
HMRC have issued information on fraud being committed by a number of Mini Umbrella Companies. HMRC claim that every business … Continue reading Mini Umbrella Company (MUC) fraud
For the second year running the HMRC have issued the National Insurance contributions tables very late on 6th April. Traditionally … Continue reading CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)
Ahead of changes to the off-payroll working rules #IR35 on 6th April 2021, the HMRC answer some top questions about … Continue reading Off-Payroll working (IR35) – Questions about compliance
HM Treasury responded to a question on COVID-19 assistance for Directors on 22nd February 2021 The question: To ask the … Continue reading Parliamentary question – Directors Income Support Scheme response
Dear @PAYadvice, Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their 2019-20 tax … Continue reading Changes to late filing penalty for 2019-20 Self Assessment returns
The NI Minister for the Economy has announced details of the Limited Company Director’s Support Scheme, to provide financial support … Continue reading Northern Ireland – Limited Company Directors Support Scheme
HMRC have updated the following relating to the extended Coronavirus Job Retention Scheme (Furlough) on Wednesday 13th January 2021. Page … Continue reading Coronavirus Job Retention Scheme guidance updated
The Self Assessment deadline is on 31st January 2021. SA filers can complete their tax returns online ahead of the … Continue reading Self Assessment deadline – 31st Jan is getting closer!
HMRC have updated their guidance 19th November 2020 about paying what is owed to HMRC and added new information about … Continue reading Disguised remuneration: settling your tax affairs #loancharge
Off-Payroll Working Rules (IR35): education and support to help prepare for April 2021 changes Medium or large-sized non-public sector organisations … Continue reading Off-Payroll working rules (IR35) – are you prepared?
Please see message sent on behalf of the HMRC’s Fraud Investigation Service, Threat Response Unit. This article has been written … Continue reading Fraud awareness – Mini Umbrella Company (MUC)
*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March … Continue reading Job Support Scheme – Guidance Published (30th October 2020)
With less than 6 months until new law comes into effect, has your business put in place plans to implement … Continue reading Off-payroll workers – have you prepared?
Dear PAYadvice.UK We’re writing to let you know that we have published additional information on the Job Retention Bonus, including … Continue reading Important information about the Job Retention Bonus
Two new leadership programmes to help small business leaders grow in the wake of the coronavirus pandemic have been launched … Continue reading £20 million to improve small business leadership and problem-solving skills #coronavirus
In a response to the House of Lords sub committee, the U.K. government are continuing with plans to progress the … Continue reading Off-Payroll Working – government response
The Coronavirus Job Retention Scheme Part 1 is soon coming to an end on 30th June 2020. Announced by the … Continue reading #coronavirus Job Retention Scheme and Self Employed Income Support Scheme update – 21st June 2020
new figures highlight Government support in protecting jobs and helping individuals across all four nationsstatistics for Coronavirus Jobs Retention Scheme … Continue reading UK Government figures confirm support for incomes across all nations during #coronavirus #COVID19
PAYadvice (as an AML HMRC regulated agent) can assist with the filing of the Loan Charge form on your behalf. … Continue reading Disguised remuneration Loan Charge – 20th September 2020 deadline
New HMRC guidance explains how Self Assessment customers who have been affected by #coronavirus can defer their payment on account … Continue reading Self Assessment – Affected by #COVID19 – Defer your July payment – #coronavirus
https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme HM Government have added further clarifications 30th April and two on 1st May. New information has been added 30/4/2030 … Continue reading Version 7, 8 and 9 of ‘Check if your employer can use the Coronavirus Job Retention Scheme’ #COVID19 #coronavirus