So The year 2024 sees PAYE reaching 80 years old PAYE (Pay As You Earn) was introduced into the United … Continue reading Happy 80th birthday to PAYE Income Tax
Happy 80th birthday to PAYE Income Tax
Category: HMRC
£900,000 penalty for promoter of tax avoidance scheme
A tax avoidance promoter whose schemes were used by locum doctors and nurses faces a £900,000 penalty for failing to … Continue reading £900,000 penalty for promoter of tax avoidance scheme
HMRC helpline closure halted
Changes to HM Revenue and Customs’ (HMRC) helpline services are being halted while it considers how best to help taxpayers … Continue reading HMRC helpline closure halted
What’s going on with Directors National Insurance
So here we are again, the end of another UK tax year! At PAYadvice.UK we are seeing a high number … Continue reading What’s going on with Directors National Insurance
HMRC tax avoidance promoters naughty list grows
HMRC has updated it pages with the latest addition to the ‘Current list of named tax avoidance schemes, promoters, enablers … Continue reading HMRC tax avoidance promoters naughty list grows
HMRC to collect worked hours paid data
The government is legislating to require businesses to change the information they provide to HMRC through Pay As You Earn (PAYE) Real … Continue reading HMRC to collect worked hours paid data
Consultation on raising standards in the tax advice market – this impacts Payroll service
HMRC are keen to hear views… about the 'Raising standards in the tax advice market: strengthening the regulatory framework and … Continue reading Consultation on raising standards in the tax advice market – this impacts Payroll service
Spring Budget 2024 speech
Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt. Madam Deputy Speaker… As we mourn the tragic loss of … Continue reading Spring Budget 2024 speech
HMRC – Spring Budget 2024
The following information has been issued by HMRC following the government spring budget held on Wednesday 6th March 2024. Dear … Continue reading HMRC – Spring Budget 2024
April 2024 changes to NICs
The HMRC Software Developer Support Team have issued the following to developers in relation to the 2 percentage point cut … Continue reading April 2024 changes to NICs
Pay boost for 21 & 22 year olds and younger workers
National Minimum Wage increases imminent National Minimum Wage applies to all employees and workers who have reached school leaving age … Continue reading Pay boost for 21 & 22 year olds and younger workers
Warning as scam Self Assessment referrals exceed 200,000
HMRC records a rise in the number of customers reporting 'suspicious contact' from fraudsters. With the Self Assessment tax deadline … Continue reading Warning as scam Self Assessment referrals exceed 200,000
Double cab pickup benefit tax status change cancelled
HMRC originally issued updated guidance on the Benefit in Kind treatment of double cab pick-ups on Tuesday 12th February 2024. … Continue reading Double cab pickup benefit tax status change cancelled
February 2024 Employer Bulletin
HMRC have issued the February 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, … Continue reading February 2024 Employer Bulletin
Work security check time is Working Time
An employment agency breached National Minimum Wage (NMW) regulations by not paying enough to cover waiting time for workplace security … Continue reading Work security check time is Working Time
Around 45 thousand choose to spread self Assessment tax
As the 31st January 2024 deadline to submit a Self Assessment tax returns looms, nearly 45,000 people have sorted their … Continue reading Around 45 thousand choose to spread self Assessment tax
HMRC ‘appy New Year for jobseekers
Find your National Insurance number and employment history using the HMRC app. With the New Year a popular time to … Continue reading HMRC ‘appy New Year for jobseekers
6th Jan 2024 NI cuts – are you ready
At the Autumn Statement 2023 held on 22nd November, a 2% cut in the standard rate of National Insurance was … Continue reading 6th Jan 2024 NI cuts – are you ready
Another avoidance umbrella named!
HM Revenue and Customs (HMRC) have named (21st December 2023) another tax avoidance promoter umbrella company using powers from the … Continue reading Another avoidance umbrella named!
Had a Christmas job? Check your pay!
Festive workers who may be missing out on the National Minimum Wage or National Living Wage are being urged to … Continue reading Had a Christmas job? Check your pay!
No frosty surprises when you claim tax relief with HMRC
Every penny counts at Christmas and employees eligible to claim a tax refund on any work-related expenses are being urged … Continue reading No frosty surprises when you claim tax relief with HMRC
Spring Budget 2024 set for 6th March
Budget date announced HM Treasury has confirmed that the Chancellor Jeremy Hunt has commissioned the Office for Budget Responsibility to … Continue reading Spring Budget 2024 set for 6th March
HMRC now accepts some digital signatures
As part of Agent update 115, HM Revenue and Customs (HMRC) have confirmed that they will now accept digital or … Continue reading HMRC now accepts some digital signatures
HMRC Christmas and New Year opening times
HMRC have issued their Christmas opening hours. Opening times over Christmas and New Year Wednesday 24 December: 8am to 4pm … Continue reading HMRC Christmas and New Year opening times
Do I need to declare foreign income to HMRC?
UK resident taxpayers who have income from outside the UK may need to declare this income to HMRC. They have … Continue reading Do I need to declare foreign income to HMRC?
Welsh Income Tax April 2024
Photo by Lisa Fotios on Pexels.com Welsh Rates of Income Tax (WRIT) The process for Wales involves the UK Government … Continue reading Welsh Income Tax April 2024
Scottish Budget tax proposals for April 2024
Photo by Pixabay on Pexels.com The Scottish Budget 2024-2025 was presented to the Scottish Parliament on Tuesday 19th December 2023. … Continue reading Scottish Budget tax proposals for April 2024
Enforcement Notice on repayment agent ads
The Committee of Advertising Practice (CAP) and HM Revenue and Customs (HMRC) have seen an increase in ads from tax … Continue reading Enforcement Notice on repayment agent ads
2024/2025 P60 design
HMRC have issued the RD1 Specification for employers substitute forms P60 for the new 2024/2025 tax year. The RD1 guide … Continue reading 2024/2025 P60 design
Claim NIC rebates on relevant mileage
Impact of recent Upper Tribunal decision on National Insurance contributions When employees use their own car for work, relief from … Continue reading Claim NIC rebates on relevant mileage
Minimum Pay – Geographical approach to employers
National Minimum Wage compliance approach As part of the NMW compliance approach outlined in the December 2023 Employer Bulletin, HM … Continue reading Minimum Pay – Geographical approach to employers
December 2023 Employer Bulletin
HMRC have issued the December 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading December 2023 Employer Bulletin
Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
HM Revenue and Customs Software Developers Support Team have issued the following Monday 4th December 2023 and then updated further … Continue reading Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
Student Loan Plan 4 threshold for April 2024 confirmed
HMRC Software Developers Support Team (SDST) has confirmed (Monday 4th December 2024), the student Plan Type 4 (Scotland) threshold applicable … Continue reading Student Loan Plan 4 threshold for April 2024 confirmed
HMRC names more tax avoidance schemes
HM Revenue and Customs (HMRC) have added more tax avoidance schemes that don’t work. Bluestar Financial Solutions Limited The scheme … Continue reading HMRC names more tax avoidance schemes
Paid Worked Hours on FPS!
As part of the Autumn Statement announcements on Wednesday 22nd November 2023, HM Revenue and Customs (HMRC) has confirmed a … Continue reading Paid Worked Hours on FPS!
£146 million in bonus payments for Help to Save
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus … Continue reading £146 million in bonus payments for Help to Save
Self Assessment Scam Warning
Self Assessment filers are urged by HM Revenue and Customs (HMRC) to be on the lookout for scam texts, emails … Continue reading Self Assessment Scam Warning
Save up to £2,000 a year on childcare costs for your little pumpkins
Working families can save up to £2,000 a year on their childcare bills with Tax-Free Childcare. Autumn is here and … Continue reading Save up to £2,000 a year on childcare costs for your little pumpkins
October 2023 Employer Bulletin
HMRC have issued the October 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading October 2023 Employer Bulletin
HMRC name three more tax avoidance schemes that don’t work
They we have added (25th September 2023) three more names to the published list of tax avoidance schemes Olympus Contracting … Continue reading HMRC name three more tax avoidance schemes that don’t work
Young people urged to ‘claim their cash’
Hundreds of thousands of young adults could have an average of £2,000 waiting for them in their unclaimed Child Trust … Continue reading Young people urged to ‘claim their cash’
Pension Tax Relief – what are HMRC on about?
In the August 2023, the HMRC are again reminding employers on the confusing pension scheme tax relief methods along with … Continue reading Pension Tax Relief – what are HMRC on about?
Legislation updates 2024 for payroll
Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2024 for payroll. We believe … Continue reading Legislation updates 2024 for payroll
Boost for employer share save scheme
Save As You Earn (SAYE) bonus rates and early leaver rates change from 18th August 2023. Save As You Earn … Continue reading Boost for employer share save scheme
HMRC professional standards for compliance
HMRC’s Customer Compliance Group (CCG) have introduced a set of Compliance Professional Standards. The Standards set out how HMRC should … Continue reading HMRC professional standards for compliance
HMRC late payment interest rates increase
HMRC interest rates for late payments will increase following the Bank of England interest rate rise to 5.25%. The Bank … Continue reading HMRC late payment interest rates increase
Another fruitless umbrella tax avoidance scheme named by HMRC
HM Revenue and. Customs have used their powers to name another promoter of tax avoidance that does not work on … Continue reading Another fruitless umbrella tax avoidance scheme named by HMRC
Another tax avoidance rogue umbrella warning
HMRC have listed another rogue umbrella promoting tax avoidance schemes which do not work. Named on 27th July 2023, Easyway … Continue reading Another tax avoidance rogue umbrella warning
Grants available for organisation who can support those who need help with tax
Applications open for the Voluntary and Community Sector Grant Funding Programme HM Revenue and Customs have secured £5.5 million for … Continue reading Grants available for organisation who can support those who need help with tax
Assignments of Income Tax stopped
HM Revenue and Customs have stopped assignments of Income tax for refunds being paid permanently to third party refund agents. … Continue reading Assignments of Income Tax stopped
Getting your new employees tax right
HMRC are concerned on the number of new starters who they receive on Full Payment Submissions with incorrect or missing … Continue reading Getting your new employees tax right
Worked Hours reporting change on its way?
Change to data HMRC collects HMRC has indicated that proposed change in law will likely require employers to report more … Continue reading Worked Hours reporting change on its way?
Upcoming HMRC activity to support employers with new starters
The HMRC Software Developer Support Team have shared the following information on a new HMRC campaign to improve the accuracy … Continue reading Upcoming HMRC activity to support employers with new starters
Three more tax avoidance umbrellas named
HM Revenue and Customs (HMRC) have named a further three tax avoidance promoters. They have added to their naming list: … Continue reading Three more tax avoidance umbrellas named
79 of the 202 shamed employers breached minimum pay due to wage deductions
In the shaming list of 202 employers who had failed to pay minimum wage to their employees and workers, 79 … Continue reading 79 of the 202 shamed employers breached minimum pay due to wage deductions
Tax gap remains at 4.8%
The estimated tax gap for the 2021 to 2022 tax year is at an all-time low of 4.8%. The amount … Continue reading Tax gap remains at 4.8%
New Student Loan Plan 5 is on its way – payroll deduction start April 2026
For students starting university in England this coming 2023 academic year, a new undergraduate and postgraduate student loan plan type … Continue reading New Student Loan Plan 5 is on its way – payroll deduction start April 2026
Employer Bulletin – June 2023
Introduction HMRC have issued the June 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance … Continue reading Employer Bulletin – June 2023
Regulating Umbrellas
Following the call for evidence in the umbrella company market with over 400 responses., the government have published the Summary … Continue reading Regulating Umbrellas
First day Self Assessment filing doubles
More Self Assessment customers are submitting their tax return on the first day of the tax year. The number of … Continue reading First day Self Assessment filing doubles
New tipping law passed
Withholding tips from staff becomes unlawful as the Tipping Bill achieves Royal Assent, with more than 2 million workers to … Continue reading New tipping law passed
Protecting tax payers claiming repayments
As previously announced on 11th January 2023, the government will require repayment agents to register with HMRC. Repayment agents will … Continue reading Protecting tax payers claiming repayments
Paper P11Ds – now being rejected
Paper P11D or P11D(b) (original or amendment) after 6th April 2023 If an employer or agent submits a paper P11D … Continue reading Paper P11Ds – now being rejected
PAYE account misbalance – the dreaded duplicates!
Every month HMRC creates a PAYE charge for all employers and pension providers. A "small number" contact the HMRC employer … Continue reading PAYE account misbalance – the dreaded duplicates!
Want to check your tax code?
Now we are in the new tax year, it may be a suitable time to check your tax code. Millions … Continue reading Want to check your tax code?
Take five to stop fraud
If someone contacts you saying they’re from @hmrcgovuk, wanting you to share personal or financial details or transfer money, be … Continue reading Take five to stop fraud
National Minimum Wage Rise 1st April 2023
For pay periods starting on or after Saturday 1st April 2023, the National Living Wage and Nation Minimum Wage are … Continue reading National Minimum Wage Rise 1st April 2023
Assignments of Income Tax Refunds now void
The government are applying measures to remove taxpayer’s ability to legally assign to a third party their income tax repayment, … Continue reading Assignments of Income Tax Refunds now void
UK Payroll numbers hit new record
HMRC Real Time Information submission have indicated a new record number of people on payroll according to the Office For … Continue reading UK Payroll numbers hit new record
HMRC NI Category M – GNS Message Questionnaire
Payroll managers, employers, do you employ those under the age of 21? HMRC are asking for your help to better … Continue reading HMRC NI Category M – GNS Message Questionnaire
HMRC issue guidance for 2023/2024 tax year
The HMRC have update their employer guidance CWG2, CWG5 and also the guide to gross-up where employer pay the tax … Continue reading HMRC issue guidance for 2023/2024 tax year
HMRC revise reporting obligations on pay advances
HM Revenue and Customs has, as part of the February 2023 Employer Bulletin, confirmed a concession on PAYE responsibilities for … Continue reading HMRC revise reporting obligations on pay advances
Major changes to reporting benefits
HM Revenue and Customs has informed employers as part of the February 2023 Employer Bulletin of changes to reporting benefits. … Continue reading Major changes to reporting benefits
HMRC drops the ‘best practice’ BACS Hash
Bacs hash not required from 2023-24 On Monday 13th February 2023, the HM Revenue and Customs Software Developers Support confirmed … Continue reading HMRC drops the ‘best practice’ BACS Hash
HMRC interest rates increased
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 4%. The … Continue reading HMRC interest rates increased
Five more tax avoidance schemes named
HMRC names 5 more tax avoidance schemes, as part of their crack-down on tax avoidance promoters. HM Revenue and Customs … Continue reading Five more tax avoidance schemes named
Tax repayment agents to have Greater control and protection for taxpayers
HMRC to introduce legislation to change the way repayment agents are paid for their services to better protect taxpayers and … Continue reading Tax repayment agents to have Greater control and protection for taxpayers
More warnings to medical staff about dirty umbrellas
HM Revenue and Customs (HMRC) are advising users of the named schemes promoted by Charteris Management Ltd (CML) to withdraw … Continue reading More warnings to medical staff about dirty umbrellas
Get your Self Assessment wrapped up in time for Christmas
With Christmas nearly here, HM Revenue and Customs (HMRC) is encouraging Self Assessment filers to put their tax return at … Continue reading Get your Self Assessment wrapped up in time for Christmas
HMRC late payment interest rates revised
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 3.5%. The … Continue reading HMRC late payment interest rates revised
SIA leads joint operation to identify illegal working practices and tax fraud
The Security Industry Authority (SIA), HMRC and West Midlands Police recently carried out a joint operation in Birmingham to ensure … Continue reading SIA leads joint operation to identify illegal working practices and tax fraud
Welsh Income Tax April 2023
Welsh Rates of Income Tax (WRIT) The process for Wales involves the UK Government reducing each of the three income … Continue reading Welsh Income Tax April 2023
HMRC service issues – response
Jim Harra, HMRC Chief Executive and First Permanent Secretary, has written to the Chair of the Treasury Committee in response … Continue reading HMRC service issues – response
Getting your tax code right!
PAYE notice of coding, also known as a P2 gives taxpayers an explanation of what their tax code is and … Continue reading Getting your tax code right!
December 2022 Employer Bulletin
HMRC have published their December 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Your employees … Continue reading December 2022 Employer Bulletin
Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
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
Child Care Vouchers – 2023/2024 Basic Earnings Assessment Calculator
An employer who provides childcare vouchers to employees are required to undertake an annual Basic Earnings Assessment (BEA) prior to … Continue reading Child Care Vouchers – 2023/2024 Basic Earnings Assessment Calculator
Christmas workers can save time with HMRC app
New employees can use the secure HMRC app to find out their personal tax information and pass details on to … Continue reading Christmas workers can save time with HMRC app
HMRC Loan charge discovery assessments
Disguised remuneration loan schemes were used to avoid paying Income Tax and National Insurance contributions. Those classed as having a … Continue reading HMRC Loan charge discovery assessments
Autumn Statement 2022
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor … Continue reading Autumn Statement 2022
HMRC late payment interest rates change
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 3%. The … Continue reading HMRC late payment interest rates change
Autumn Statement 17th November 2022
The Prime Minister Rishi Sunak and the Chancellor Jeremy Hunt have agreed that the Autumn Statement will now be delivered … Continue reading Autumn Statement 17th November 2022
PAYE RTI 2023-24: Technical Pack updated
The HMRC Software Developer Support Team have notified updates to the Real Time Information technical specifications and an update to … Continue reading PAYE RTI 2023-24: Technical Pack updated
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 … Continue reading October 2022 HMRC Employer Bulletin
Chancellor brings forward further Medium-Term Fiscal Plan measures
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
U-Turn on Corporation Tax
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
HMRC refunding Tax Credits Ltd clients
Taxpayers who have reclaimed tax payments using the repayment agent Tax Credits Ltd since December 2021 are being directly refunded by … Continue reading HMRC refunding Tax Credits Ltd clients
New Starter Checklist for PAYE available
HM Revenue and Customs have launched a New Starter Checklist as an alternative way for new employees to ensure their … Continue reading New Starter Checklist for PAYE available
Chancellor accepts request to stand aside
Friday 14th October 2022 saw one of the shortest service Chancellor of the Exchequer as Kwasi Kwarteng stands aside at … Continue reading Chancellor accepts request to stand aside