All employers in the UK have a responsibility to prevent illegal working. Employers can be jailed for 5 years and … Continue reading Illegal working moped delivery drivers targeted
Category: Penalties
New crackdown on fraud
New offence will make it easier to prosecute a large organisation if an employee commits fraud for the organisation’s benefit. … Continue reading New crackdown on 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
LITRG explains how to challenge Self-Assessment late filing penalties
Taxpayers who have been fined for failing to file their Self-Assessment tax return on time may be able to have … Continue reading LITRG explains how to challenge Self-Assessment late filing penalties
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
Significant minimum pay rise may impact employer reward strategies
Employers may need to review their reward strategies! With the proposal of the Low Pay Commission (LPC) for a significant … Continue reading Significant minimum pay rise may impact employer reward strategies
PAYE new variable payment plan
From 19th September 2022, in response to feedback, employers’ with PAYE will be able to setup and take advantage of … Continue reading PAYE new variable payment plan
Tax avoidance promoter fined £1 million
A tax avoidance scheme promoter has been hit with a £1 million fine after a legal challenge by HM Revenue … Continue reading Tax avoidance promoter fined £1 million
HMRC interest rate changes
HMRC interest rates for late payments are revised following the Bank of England interest rate rise to 0.75%. The Bank … Continue reading HMRC interest rate changes
100,000 spread their Self Assessment tax bill
Almost 100,000 Self Assessment filers have used online payment plans to spread the cost of their tax bill into manageable … Continue reading 100,000 spread their Self Assessment tax bill
HMRC late payment interest rates to be revised
The Bank of England Monetary Policy Committee voted on 2nd February 2022 to increase the Bank of England base rate … Continue reading HMRC late payment interest rates to be revised
Clamping down on tax avoidance
As part of the Autumn budget 2021 announcements, the government are progression new measures to clamp down on promoters of … Continue reading Clamping down on tax avoidance
Reduce risk of using umbrellas who operate tax avoidance schemes
HM Revenue and Customs (HMRC) have issued new guidance to help agencies and employers reduce their risks of using umbrella … Continue reading Reduce risk of using umbrellas who operate tax avoidance schemes
Money Laundering Consultations launched
HM Treasury have published two consultations in relation to Anti-Money Laundering: 1. Changes to the Money Laundering Regulations 2. Reviewing … Continue reading Money Laundering Consultations launched
Minimum wage law breaker Employers ‘named and shamed’
Government names and shames 191 employers who have underpaid workers, including major household namesnamed firms have been fined for owing … Continue reading Minimum wage law breaker Employers ‘named and shamed’
Simplified tax reporting for self-employed and small businesses
Reforms to the tax system that will make it easier for small businesses to fill out their returns have been … Continue reading Simplified tax reporting for self-employed and small businesses
Supply chain due diligence to assure labour supply chains
HMRC have issued guidance (13th May 2021) to both and help warn business to be aware of risks within Labour … Continue reading Supply chain due diligence to assure labour supply chains
HMRC publish guidance for those employed by umbrellas
HMRC have published further guidance (29th April 2021) to clarify the position on agency and contractors who are employees of … Continue reading HMRC publish guidance for those employed by umbrellas
BEIS-HMRC Joint National Minimum Wage Stakeholder Forum
BEIS and HMRC held a Joint National Minimum Wage (NMW) virtual Stakeholder Forum on 29th April 2021 with employer and … Continue reading BEIS-HMRC Joint National Minimum Wage Stakeholder Forum
Job Support Scheme – Guidance Published (30th October 2020)
*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)
October 2020 HMRC Employer Bulletin
Dear @PAYadvice, [The] Employer Bulletin (October 2020, Issue 86) includes all of the latest COVID-19 updates to help [employers] continue … Continue reading October 2020 HMRC Employer Bulletin
PAYE RTI penalties – continuation of the risk-based approach to charging penalties
HMRC is to continue its risk-based approach to PAYE late filing and late payment penalties for the 2020/21 tax year. … Continue reading PAYE RTI penalties – continuation of the risk-based approach to charging penalties