HMRC June 2021 Employer Bulletin

HMRC have issued the June 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are updates and information on the following: Coronavirus (COVID-19) updates and information Coronavirus: how HMRC will continue to support customers and the economyClaim working from home tax reliefContinued support for businesses: Statutory Sick … Continue reading HMRC June 2021 Employer Bulletin

New and returning students urged to apply now for student finance

There is one simple step students should take to ensure their finances are in place by start of the next academic year – Apply Now, says Derek Ross, Executive Director, Operations In 2020, SLC processed and paid more students than ever before and the next academic year looks set to be another record-breaker. Data published … Continue reading New and returning students urged to apply now for student finance

Work-based learning key to post-COVID-19 recovery – OU

A survey carried out by The Open University (OU) shows that employers have a renewed appetite for apprenticeships and work-based learning. A significant number (70%) say apprenticeships will be vital to their recovery from the disruption caused by Covid-19, with 72% planning to take on more apprentices over the next 12 months. TrainingZone explores the … Continue reading Work-based learning key to post-COVID-19 recovery – OU

Students invited to apply now for finance as the application service launches for 21/22

Students in England are being encouraged to apply for student finance as soon as possible to ensure their finances are in place for the new academic year. Full-time undergraduate students in England are being encouraged to apply now for student finance, as the application service opens for the 21/22 academic year. So far this year, … Continue reading Students invited to apply now for finance as the application service launches for 21/22

All households with children of school age to get 2 rapid COVID-19 tests per person per week

Whole families and households with primary school, secondary school and college age children, including childcare and support bubbles, will be able to test themselves twice every week from home as schools return from 8th March 2021. Tests can be ordered and collected from local sites, or administered through workplace testing programmes. Getting a rapid test … Continue reading All households with children of school age to get 2 rapid COVID-19 tests per person per week

2021/2022 New Starter Checklists available

GOV.UK have published the new adjusted HMRC ‘New Starter Checklist’. Some years ago these were referenced as P46. These have been adjusted to combine the student loan and postgraduate loans information requests into two questions 9 and 10, and incorporate the new Scottish Student Loan Plan 4 which commences collection from pay from 6th April … Continue reading 2021/2022 New Starter Checklists available

2020 Student Loan guidance updated to include Scottish Plan 4 and Off-Payroll working references

Student loan and postgraduate loan repayment guidance for employers has been updated 23rd February 2021. Guidance has been updated to include information if you are operating off-payroll and new Plan type 4. Although this is still the 6th April 2020 edition, so further changes expected. Scottish Plan type 4 Your employee may be liable to … Continue reading 2020 Student Loan guidance updated to include Scottish Plan 4 and Off-Payroll working references

SL1 student loan start notices – Plan 4 Scottish student loans – being issued from 5th March 2021

Are you ready to receive and apply the new SL1 notices requesting student loan deductions commence. 2021 sees the first issuing of SL1 notices for the new Scottish Plan 4 student loans deductions. The HMRC software developers support team (SDST) have indicated the following processing timetable of the revised SL1 notices which are applicable from … Continue reading SL1 student loan start notices – Plan 4 Scottish student loans – being issued from 5th March 2021

Legislation Update 2021 for payroll

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PAYadvice.UK have issued its 21.4 version of the PAYadvice Series Legislation Update 2021. This is a compilation of the confirmed changes due for 2021 for the UK, Channel Islands and the Isle of Man. The original version was made available on 7th January 2021. We believe that PAYadvice was the first organisation in the UK … Continue reading Legislation Update 2021 for payroll

Student Loan nearly paid off? Switch to Direct Debit

The Student Loan Company (SLC) is urging customers to switch to Direct Debit in the final months of paying their student loan. In a bid to tackle over-repayments, the Student Loans Company is urging customers to switch to Direct Debit in the final months of paying their student loan and to ensure their contact information … Continue reading Student Loan nearly paid off? Switch to Direct Debit

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 to meet [their] payroll obligations to HMRC, including recent government announcements of additional support for businesses and employees. We’ve included the latest update on both the Coronavirus Job Retention Scheme and the Job Retention Bonus, … Continue reading October 2020 HMRC Employer Bulletin

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

2021/2022 RTI specifications issued

The HMRC Software Developers Support Team have issued revised RTI RIM artefacts for 2021-22 version 1.0 in the technical pack on GOV.UK, along with a document showing the changes between 2020-21 and 2021-22. A further update, to incorporate the Data Items Guide (DIG) for 2021-22, will follow. The RTI techpack is available at https://www.gov.uk/government/collections/real-time-information-online-internet-submissions-support-for-software-developers. RTI … Continue reading 2021/2022 RTI specifications issued

Improving Student Loans services

A blog by Bernice McNaught, SLC’s Executive Director, Repayments and Counter Fraud Services Improving Student Loans Company service for customers in repayment. Over the last 18 months, we have made significant improvements to the student loan repayment process. More frequent data sharing (MFDS), a joint programme of work with HMRC and our Government shareholders, has … Continue reading Improving Student Loans services

2021 Student Loans Repayment Threshold Announcement

The Department for Education (DfE) confirmed 11th August 2020 the annual updates to the Thresholds of Income Contingent Student Loans and Mortgage Style Student Loans. Income Contingent Student Loans / Undergraduate loans / Income Contingent Student Loans for pre-2012 (Plan 1) loans From 6 April 2021, the repayment threshold for Plan 1 loans will rise … Continue reading 2021 Student Loans Repayment Threshold Announcement

Employer Bulletin (August 2020 – issue 85)

HMRC have issued the August 2020 edition of the Employer Bulletin covering: Coronavirus Job Retention Scheme and what employers need to do from August onwardsMake sure you’re paying the correct workplace pension contributionsNew law to ensure furloughed employees receive full statutory redundancy paymentsDeadline to report the disguised remuneration loan charge – 30 September 2020COVID-19 – … Continue reading Employer Bulletin (August 2020 – issue 85)

Find a restaurant – Eat Out to Help Out

From 3 to 31 August, get discounts when you eat in at restaurants that are registered with the Eat Out to Help Out Scheme: get a 50% discount on food or non-alcoholic drinks to eat or drink in (up to a maximum of £10 discount per diner)every Monday, Tuesday and Wednesday between 3 and 31 … Continue reading Find a restaurant – Eat Out to Help Out

Petition for refund of tuition fees

The U.K. Parliament indicates that more than 347,000 people have signed a petition calling for tuition fees to be reimbursed due to strikes and Covid-19. The House of Commons Petition committee have released their report on the Impact of Covid-19 on university students. They recognise the huge disruption faced by students and have made recommendations. … Continue reading Petition for refund of tuition fees

Erroneous GNS messages relating to Student Loans

Employer Bulletin - October 2019 Issue 80 The following has been kindly provided: Dear Gentlefolk HMRC is aware some employers have incorrectly received a Generic Notice message between 26/06/2020 and 29/06/2020 to advise them to stop Postgraduate loan deductions. – An EPG member clarified “The message we received told us that we had deducted PGL … Continue reading Erroneous GNS messages relating to Student Loans

Scottish Student Loans 2021 – type Plan 4

6th April 2021 sees the commencement of Student Loan deductions type Plan 4. On 9th June 2018 Scotland’s First Minister announced that Scotland will raise their student loan earnings threshold to £25,000 from April 2021. This will be for new and existing borrowers and the repayment period reduced to 30 years from 35 (in line … Continue reading Scottish Student Loans 2021 – type Plan 4

Student Loan system overhaul to benefit millions of graduates

April 2020 sees the third consecutive annual increase in the repayment threshold to £26,575 (for plan type 2 loans). The older Plan type 1 threshold rises to £19,390.Under the student loan s plan, borrowers contribute an amount based on their income once they reach the relevant salary threshold. A new online repayment service will go … Continue reading Student Loan system overhaul to benefit millions of graduates

Student And Postgraduate Loan Thresholds Confirmed for April 2020

The Department for Education (DfE) have confirmed the annual updates to the Thresholds of Income Contingent Student Loans. From 6 April 2020, the repayment threshold for pre-2012 (Plan 1) loans will rise to £19,390. The repayment threshold for post-2012 (plan 2) loans will rise to £26,575 from 6 April 2020 to 5 April 2021. The … Continue reading Student And Postgraduate Loan Thresholds Confirmed for April 2020