Self Assessment countdown begins

There are 100 days to go until the deadline for online tax returns on 31st January 2022. Last year, 96% of customers completed their tax return online. HM Revenue and Customs (HMRC) is reminding Self Assessment filers that on Sunday 24th October, they have one week left to submit paper tax returns and 100 days … Continue reading Self Assessment countdown begins

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 employers who are operating tax avoidance schemes. Tax avoidance schemes Disguised remuneration schemes These schemes claim to prevent some payments being taxable. They describe taxable earnings paid for doing a job as something that is … 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 the UK’s anti money laundering and terrorist financing regulatory and supervisory regime Both consultations are open for responses until 14‌‌‌th October‌‌ ‌2021. More information on all of HMRC’s anti money laundering guidance for businesses can … Continue reading Money Laundering Consultations launched

Scammers using HMCTS telephone numbers

Criminals are using HM Courts and Tribunal Service (HMCTS) telephone numbers as a way to target the public by convincing them to hand over money and personal information such as national insurance numbers. The calls impersonate HMCTS and may ask the caller to ‘press 1’ in order to speak with an advisor about unpaid fines … Continue reading Scammers using HMCTS telephone numbers

Bailiff email scam

The HM Courts and Tribunal service has warned that scammers posing as County Court bailiffs are sending emails trying to force companies and householders to make immediate payments. These scammers claim that the person owes money, often using the name ‘John Hutchinson’ as well as others. They follow up the email with a telephone call … Continue reading Bailiff email scam

HMRC warns students of scams

HMRC is warning university students to be wary of potential scams, especially if they have a part-time job and are new to interacting with the department. University students taking part-time jobs are at increased risk of falling victim to scams, HM Revenue and Customs (HMRC) is warning. Higher numbers of students going to university this … Continue reading HMRC warns students of scams

Submit August claims, prepare for closure of the Job Retention Scheme and the latest on SEISS

Dear PAYadvice.UK , I’m writing to you with the latest information about the support schemes available to help your clients, as part of the UK Government’s Plan for Jobs. This includes a reminder of the 14‌‌th September 2021 deadline for submitting your clients’ August Coronavirus Job Retention Scheme (CJRS) claims, information to help you and your … Continue reading Submit August claims, prepare for closure of the Job Retention Scheme and the latest on SEISS

Actions for you and your clients – preparing for closure of the Job Retention Scheme and the latest on SEISS

Dear PAYadvice.UK I’m writing to you with the latest information about the support schemes available to help your clients, as part of the UK Government’s Plan for Jobs. This includes the latest on the Self-Employment Income Support Scheme (SEISS) and a reminder of the ‌14th September 2021 deadline for submitting your clients’ August Coronavirus Job Retention … Continue reading Actions for you and your clients – preparing for closure of the Job Retention Scheme and the latest on SEISS

Action required – upcoming deadline for furloughing employees and the latest on SEISS

Dear Payadvice.UK , I’m writing to you with the latest information about the financial support schemes available to help your clients, as part of the UK Government’s Plan for Jobs. This includes the latest on the Self-Employment Income Support Scheme (SEISS) and upcoming changes to the Coronavirus Job Retention Scheme (CJRS). To find out what … Continue reading Action required – upcoming deadline for furloughing employees and the latest on SEISS

Tax refund company complaints increase

The Low Incomes Tax Reform Group (LITRG) is concerned that some people who have used a tax refund company to get a PPI (payment protection insurance) or working from home tax refund are now discovering that unconnected tax refunds are also going to the refund company, with further fees being deducted. Deed of assignment! People … Continue reading Tax refund company complaints increase

COVID-19 support – what’s available and actions you may need to take

Dear Payadvice.UK , I’m writing to you with the latest information about the financial support schemes available to help your clients, as part of the UK Government’s Plan for Jobs. This includes: the 21‌‌ ‌June deadline for joining the online VAT deferral new payment schemethe Self Employment Income Support Scheme (SEISS)a reminder of the 14‌‌ … Continue reading COVID-19 support – what’s available and actions you may need to take

COVID-19 support – what’s available and actions you may need to take

Dear PAYadvice.UK I’m writing to you with the latest information about the financial support schemes available to help your clients, as part of the UK Government’s Plan for Jobs. This includes: information about the Self-Employment Income Support Schemea reminder of the 14‌‌‌‌ ‌June deadline for submitting May Coronavirus Job Retention Scheme (CJRS) claimsdetails of changes … Continue reading COVID-19 support – what’s available and actions you may need to take

New figures reveal victims lost over £63m to investment fraud scams on social media

Figures released by the City of London Police show criminals continue to use popular social media apps to advertise investment scams and contact potential victims. Over £63m was lost nationally by victims of investment fraud who referred to a social media platform in their report to Action Fraud, the national reporting centre for fraud and cyber crime. … Continue reading New figures reveal victims lost over £63m to investment fraud scams on social media

Government secures refund rights for McAfee customers

Following CMA action, McAfee, a leading supplier of anti-virus software, has extended its refund rights for all customers whose contracts have auto-renewed. The changes secured by the Competition and Markets Authority (CMA) as part of its investigation into the anti-virus software sector include: McAfee ensuring that customers whose contract auto-renews for another year will be able to … Continue reading Government secures refund rights for McAfee customers

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 supply chains. Why assure the labour supply chain Failing to take reasonable action to make sure that the supply of labour is legitimate can lead to significant legal, financial and reputational risks, liability for unpaid … Continue reading Supply chain due diligence to assure labour supply chains

Raising awareness of job scams

Our aim is to raise awareness of scams and employment fraud among job seekers. The Disclosure and Barring Service (DBS) is running a campaign to raise awareness of job scams and employment fraud among job seekers. DBS is working alongside JobsAware, Disclosure Scotland and AccessNI. JobsAware is a non-profit organisation, with cross-government support, that informs people … Continue reading Raising awareness of job scams

COVID-19 support – what’s available and actions you or your clients may need to take

Dear Payadvice Ltd, I’m writing to you with the latest information about financial support schemes available to help your clients during the pandemic. This includes the latest on the Self-Employment Income Support Scheme (SEISS), the Coronavirus Job Retention Scheme (CJRS) and the VAT deferral new payment scheme. Thank you for providing invaluable support to your clients … Continue reading COVID-19 support – what’s available and actions you or your clients may need to take

HMCTS telephone numbers used by tax scammers

Scammers using HM Courts and Tribunal Service (HMCTS) telephone numbers to demand tax payments. An increasing number of concerned individuals are contacting offices across HMCTS following emails or phone calls by scammers. Scammers mimic legitimate phone numbers (spoofing) and may allege debts owed to HMRC and that a warrant for arrest has been issued. Scammers … Continue reading HMCTS telephone numbers used by tax scammers

Tax scammers are mimicking official numbers!

Scammers are using Royal Courts of Justice telephone numbers to demand tax payments. An increasing number of concerned individuals are contacting offices across the Royal Courts of Justice following emails or phone calls by scammers. The scammers allege that payment is owed to HMRC and that warrants for arrest have been issued. Scammers tell individuals … Continue reading Tax scammers are mimicking official numbers!

Action required – submit your January claims for the Coronavirus Job Retention Scheme

Dear @PAYadvice, I’m writing to remind you of an upcoming deadline for Coronavirus Job Retention Scheme (CJRS) claims, and to answer some questions you or your clients may have. Also included is information on checking claims you made for variable paid employees – those not on fixed salaries – and more on HMRC publishing details … Continue reading Action required – submit your January claims for the Coronavirus Job Retention Scheme

HMRC – a word about scams

306,000 reports of phone scams HMRC indicate that they have received more than 306,000 reports about phone scams in the last year, up 47%. The department responded to over 846,000 public referrals of suspicious HMRC contact in total. Nearly 496,000 of these offered bogus tax rebates, as a way of stealing personal data. 496,000 reported … Continue reading HMRC – a word about scams

Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme claims deadlines

Dear @PAYadvice, I’m writing to remind you of upcoming claims deadlines for the following schemes: Coronavirus Job Retention Scheme (CJRS)Self-Employment Income Support Scheme (SEISS) I’d also like to update you on the information we’ll be publishing on CJRS claims from this month. Upcoming deadlines You and your clients can now submit your CJRS furlough claims … Continue reading Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme claims deadlines

Extension to the Coronavirus Job Retention Scheme – what you need to do now

Dear @PAYadvice, The UK Government has reviewed the terms of the scheme, and announced that the Coronavirus Job Retention Scheme (CJRS) will remain at the current level of 80% of usual wages for the hours not worked, and will be extended until the end of April‌‌ 2021. Reminder of monthly deadlines Thank you if you submitted you … Continue reading Extension to the Coronavirus Job Retention Scheme – what you need to do now

Action required – submit your November Coronavirus Job Retention Scheme claims

Dear @PAYadvice, I’m writing to remind you about the upcoming deadline for making your Coronavirus Job Retention Scheme (CJRS) claims for November, and actions you or your clients might need to take. You must submit any November claims, no later than 14‌‌ ‌‌‌December. CJRS: what you or your clients can claim and when The UK … Continue reading Action required – submit your November Coronavirus Job Retention Scheme claims

Self Assessment filers warned about scammers posing as HMRC

Criminals are taking advantage of the Self Assessment deadline to panic customers into sharing their personal or financial details. As the HMRC issues thousands of SMS messages and emails as part of its annual Self Assessment tax return push, They are warning those completing their returns to take care to avoid being caught out by … Continue reading Self Assessment filers warned about scammers posing as HMRC

Revised Coronavirus Job Retention Scheme (CJRS) guidance has been delivered today as promised

Dear @PAYadvice, Please share the following message sent on behalf of the Chief Executive and Permanent Secretary – HMRC  I’m writing to let you know that new Coronavirus Job Retention Scheme (CJRS) guidance is now available on GOV.UK. To check if you or your clients are eligible and to get ready to claim, go to: Claim … Continue reading Revised Coronavirus Job Retention Scheme (CJRS) guidance has been delivered today as promised

Combat Pensions Scam pledge

The pensions industry had been called on to publicly pledge to combat pension scams. Providers, trustees and administrators are urged to help protect savers thinking of cashing in their pensions by ensuring they can spot the warning signs of a scam and are informed of any risks when they look to make a transfer. The … Continue reading Combat Pensions Scam pledge

Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme

Dear @PAYadvice, In our email earlier this week on the extension of the Coronavirus Job Retention Scheme (CJRS), we promised to share any further information with you as soon as it became available. Extension to the Coronavirus Job Retention Scheme – more information available Today the Chancellor has announced that CJRS will be extended until … Continue reading Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme

Fraud awareness – Mini Umbrella Company (MUC)

Please see message sent on behalf of the HMRC’s Fraud Investigation Service, Threat Response Unit. This article has been written to provide you with material to share with your membership / readership in relation to the Mini Umbrella Company Fraud risk. Every business which either places or uses temporary labour should be aware of the … Continue reading Fraud awareness – Mini Umbrella Company (MUC)

Extension of the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme

Dear @PAYadvice, In light of the increased restrictions needed to curb the coronavirus pandemic, the UK government is introducing additional economic measures to support you and your clients. Coronavirus Job Retention Scheme  The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended, with the UK government paying … Continue reading Extension of the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme

Nudge to knowledge: Government to boost pensions guidance take-up

Saver protections will be bolstered by government plans revealed today to “nudge” people towards taking pensions guidance. The proposals follow successful trials, and will require occupational pension schemes to steer members towards taking Pension Wise guidance when they seek to access their pension. The Pension Wise service provides free, impartial guidance to help over 50s … Continue reading Nudge to knowledge: Government to boost pensions guidance take-up

Further information available on the Job Support Scheme

*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March 2021 the JSS introduction is delayed. Dear @PAYadvice, We’re writing to let you know that we have published further information on the Job Support Scheme – including how you can check if you or your clients are … Continue reading Further information available on the Job Support Scheme

Further guidance on business support schemes, including recent government announcements

Dear @PAYadvice, We’re writing to provide you with further information on the support schemes available to help you and your clients through the COVID-19 pandemic: Job Support SchemeExpansion of Job Support SchemeJob Retention BonusCoronavirus Job Retention SchemeVAT Deferral New Payment Scheme. Job Support Scheme The government recently announced the Job Support Scheme (JSS) to protect … Continue reading Further guidance on business support schemes, including recent government announcements

Small business guide to Cyber Security

The National Cyber Security Centre’s (NCSC) re-launched Small Business Guide sets out five key areas for businesses to help improve their cyber security. “By acting on the guide’s five key recommendations, small businesses can significantly reduce their chances of falling victim to a cyber attack and help to keep their day-to-day operations running smoothly.” The … Continue reading Small business guide to Cyber Security

Students warned of tax scam dangers

HMRC has written to universities, through Universities UK, asking them to help ensure their students know how to spot a scam. Students are being warned by HM Revenue and Customs (HMRC) that they could be targeted by a wave of tax scams. As new students start the academic year, they can be particularly vulnerable to … Continue reading Students warned of tax scam dangers

New COVID-19 support schemes announced

Dear @PAYadvice, Additional government support has been announced this week for businesses and employees impacted by coronavirus (COVID-19) across the UK. This includes a new Job Support Scheme to protect the jobs of millions of people returning to work, extending the Self-Employment Income Support Scheme, extending the VAT cut (from 20% to 5%) for the … Continue reading New COVID-19 support schemes announced

How changes to the Coronavirus Job Retention Scheme on 31 July impact you

Dear PAYadvice, We’re writing to remind you about changes to the Coronavirus Job Retention Scheme (CJRS) from 31 J‌ul‌y and what to do if you have claimed too much. What you need to do before 31 J‌ul‌y Submit your CJRS claim for periods ending on or before 30 June 2020 by 31 J‌ul‌y 2020. This … Continue reading How changes to the Coronavirus Job Retention Scheme on 31 July impact you

Benefits fraudsters are shown the red light by government scheme

Almost £2 billion of fraud and overpayments detected since National Fraud Initiative launched. Since it was set up in 1996, the National Fraud Initiative has identified thousands of attempts to defraud taxpayers, with attempts to steal money from pension frauds, council tax claims and even the abuse of disabled parking badges. Between April 2018 and … Continue reading Benefits fraudsters are shown the red light by government scheme

Key dates update – #coronavirus Job Retention Scheme

Dear @PAYadvice, We’re writing to remind you about key dates for the Coronavirus Job Retention Scheme (CJRS) and actions you might need to take. Key dates  Submit your CJRS claim for periods ending on or before 30‌‌‌ ‌June 2020 by 31‌‌‌ ‌July 2020. This is the last date you can make those claims. You need to … Continue reading Key dates update – #coronavirus Job Retention Scheme

Find out more about the Job Retention Bonus Scheme

8th July 2020 Dear @PAYadvice, Today the Chancellor announced the introduction of the Job Retention Bonus. This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until 31‌‌‌ ‌January 2021. The bonus will provide additional support to retain employees. … Continue reading Find out more about the Job Retention Bonus Scheme

#coronavirus Job Retention Scheme and Self Employed Income Support Scheme update – 21st June 2020

The Coronavirus Job Retention Scheme Part 1 is soon coming to an end on 30th June 2020. Announced by the Chancellor of the Exchequer on Friday 20th March 2020, the Scheme covered from 1st March through 30th June for those who were furloughed for a minimum period of 21 consecutive days. The last new furlough … Continue reading #coronavirus Job Retention Scheme and Self Employed Income Support Scheme update – 21st June 2020