Parents and carers to be given new protections at work, covering leave entitlement and redundancy rules New rights derive from … Continue reading Wins for parents and carers workers rights
Wins for parents and carers workers rights
Category: Taxation
HMRC update Employer Direct Debit information
HMRC have indicated that employers who want to set up a recurring direct debit for their employer PAYE, that this … Continue reading HMRC update Employer Direct Debit information
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
Don’t miss out on a tax refund for work expenses
Thousands of taxpayers are claiming tax refunds for work-related expenses and HMRC is reminding them that they can claim directly. … Continue reading Don’t miss out on a tax refund for work expenses
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
More tax avoidance Umbrellas named
The most recent update was on 20th April 2023 with the addition of Acacia Resourcing Services Limited and Marquee Ltd. … Continue reading More tax avoidance Umbrellas named
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!
Benefits – Classifying Cars versus Vans
HMRC are raising awareness of how vehicles should be classified for benefit in kind purposes. On 20th July 2020 the … Continue reading Benefits – Classifying Cars versus Vans
April 2023 Employer Bulletin
HMRC have issued the April 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading April 2023 Employer Bulletin
STOP notices served on 6 more avoidance schemes
Under the Promoters of Tax Avoidance Schemes (POTAS) regime, HMRC can publish information about promoters of tax avoidance schemes that … Continue reading STOP notices served on 6 more avoidance schemes
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?
Happy New (Tax) Year – 6th April 2023
Photo by Pavel Danilyuk on Pexels.com Often when meeting with payroll professionals around the world, they wonder why the United … Continue reading Happy New (Tax) Year – 6th April 2023
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
HMRC late payment interest rates revised
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 4.25%. The … Continue reading HMRC late payment interest rates revised
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
Spring Budget 2023
The Chancellor of the Exchequer presented his Spring Budget 2023 to Parliament on Wednesday 15th March 2023. For the full … Continue reading Spring Budget 2023
No more Paper P11Ds to HMRC
The HM Revenue and Customs Software Developer Support Team have confirmed changes to the acceptable P11D submission due from 6th … Continue reading No more Paper P11Ds to HMRC
Isle of Man budget 2023 proposals for tax and National Insurance
The Isle of Man budget 2023 held Tuesday 21st February 2023 announced the proposed adjustments and freeze of items relating … Continue reading Isle of Man budget 2023 proposals for tax and National Insurance
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
Income tax relief for employment expenses
Employers are being encouraged to communicate where there are work associated expenses and allowances with their Employees so that they … Continue reading Income tax relief for employment expenses
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
February 2023 Employer Bulletin
This links to edition 100 of the online Employer Bulletin. In this month’s edition of the Employer Bulletin there are … Continue reading February 2023 Employer Bulletin
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
Boost your childcare budget this half term
Families looking for childcare places during February half term could be missing out on a government top-up to help pay … Continue reading Boost your childcare budget this half term
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
Chancellor Jeremy Hunt’s speech at Bloomberg
In his speech Friday 27th January 2023, Chancellor Jeremy Hunt set out his vision for long-term prosperity in the UK. … Continue reading Chancellor Jeremy Hunt’s speech at Bloomberg
One week left to file Self Assessment for the remaining 3.4 million outstanding
Millions still to file their Self Assessment tax return with one week left. With one week to go until the … Continue reading One week left to file Self Assessment for the remaining 3.4 million outstanding
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
From pensioners to teenagers, who files a tax return
People aged 65 and over accounted for 16% of those who filed a tax return for the 2020 to 2021 … Continue reading From pensioners to teenagers, who files a tax return
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
Plan to build an innovative economy
Prime Minister Rishi Sunak's plan to build an innovative economy delivering more jobs and higher pay. In the short time … Continue reading Plan to build an innovative economy
It’s a cracker! 3,275 file tax returns on Christmas Day
As millions of people enjoyed Christmas festivities, for 3,275, Christmas Day was the perfect time to file their Self Assessment … Continue reading It’s a cracker! 3,275 file tax returns on Christmas Day
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
Spring Budget 2023 – 15th March 2023
Today I can inform the House that I have asked the Office for Budget Responsibility (OBR) to prepare a forecast … Continue reading Spring Budget 2023 – 15th March 2023
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
Scottish Budget confirms tax proposals for April 2023
The Scottish Budget 2023-2024 was presented to the Scottish Parliament on Thursday 15 December 2022 some 30 minutes later than … Continue reading Scottish Budget confirms tax proposals for April 2023
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
It’s the season of Self Assessment!
With the 31st January 2023 fast approaching, many UK taxpayers will need to be progressing their Self Assessment filing for … Continue reading It’s the season of Self Assessment!
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
Tax year 2023/2024: Car and van fuel benefit charge increased
HM Revenue and Customs have confirmed the decision to increase the Expenses and Benefits rates for tax year 2023/2024, effective … Continue reading Tax year 2023/2024: Car and van fuel benefit charge increased
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
Chancellor delivers plan for stability, growth and public services
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect … Continue reading Chancellor delivers plan for stability, growth and public services
Online payment plans help 21,600 pay their Self Assessment bill
Self Assessment filers are using the self-serve Time to Pay facility to spread the cost of their tax bill. Since … Continue reading Online payment plans help 21,600 pay their Self Assessment bill
19 million plus households have received council tax rebates
The government is extending the deadline for claims as over 99% of households receive the payment. 99% of eligible households … Continue reading 19 million plus households have received council tax rebates
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
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
Dear PAYadvice, Please share the following message sent on behalf of the HMRC External Affairs Team. Earlier today the Chancellor of … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
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
PM press conference: 14th October 2022
Prime Minister Liz Truss's opening remarks: Good afternoon, My conviction that this country needs to go for growth is rooted … Continue reading PM press conference: 14th October 2022
New Chancellor and Secretary to the Treasury appointed
King Charles III has been pleased to approve the following appointments: Rt Hon Jeremy Hunt MP as Chancellor of the … Continue reading New Chancellor and Secretary to the Treasury appointed
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
Medium-Term Fiscal Plan (Budget)
The Chancellor has commissioned the OBR’s forecast for 31st October 2022, and will publish the Medium-Term Fiscal Plan on the … Continue reading Medium-Term Fiscal Plan (Budget)
Self Assessment taxpayers could be fraudsters target
HMRC are always detecting new tax scams. Beware of fraudsters offering refunds or tax rebates in the run up to … Continue reading Self Assessment taxpayers could be fraudsters target
Additional Rate tax update
The Chancellor confirmed an update to plans for the Additional Rate tax on the morning of 3rd October 2022. “From … Continue reading Additional Rate tax update
Growth Plan implementation update
An update on next steps following the Growth Plan which the Chancellor set out on 23 September. Friday 23rd September … Continue reading Growth Plan implementation update
IR35 Off payroll working rules repealed from 6th April 2023 – cancelled
As part of the Chancellors Growth Plan 2022 speech: Mr Speaker, we can also simplify the IR35 rules – and … Continue reading IR35 Off payroll working rules repealed from 6th April 2023 – cancelled
Company Share Option Plan (CSOP) limits doubled
Growth Plan – a package of measures to deliver a pro-growth, simplified tax system that supports business investment across the … Continue reading Company Share Option Plan (CSOP) limits doubled
The Growth Plan 2022: Investment Zones
New employer National insurance reliefs to be introduced Similar to Veterans and Freeports, a new investment zone employer NIC relief … Continue reading The Growth Plan 2022: Investment Zones
Tax cuts planned for April 2023
Chancellor announces new Growth Plan with biggest package of tax cuts in generations The government has announced that the planned … Continue reading Tax cuts planned for April 2023
HMRC late payment interest rates rise
The Bank of England Monetary Policy Committee voted on 22nd September 2022 to increase the Bank of England base rate … Continue reading HMRC late payment interest rates rise
HM Treasury confirm Friday 23rd September 2022 for the mini budget
Subject to the agreement of the House of Commons, On Friday 23rd September, Chancellor Kwai Kwarteng will unveil the Growth … Continue reading HM Treasury confirm Friday 23rd September 2022 for the mini budget
Who is Kwasi Kwarteng?
Chancellor of the Exchequer - The Rt Hon Kwasi Kwarteng MP It is increasingly looking as if the government will … Continue reading Who is Kwasi Kwarteng?
Mini-budget imminent
Following the state funeral on Monday 19th September 2022, the government are expected to hold a fiscal event or mini … Continue reading Mini-budget imminent
Approved Mileage Allowance Payments error
HMRC’s Income Tax Policy Team has indicated that over the last 6 months, both HMRC & HM Treasury have received … Continue reading Approved Mileage Allowance Payments error
Directors of a tax avoidance promoters named for the first time
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
Preparing for the 3rd National Insurance payroll change!
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!
Parents and carers of 16 to 19-year-olds have less than one week left to confirm whether their teenager is staying in full-time education or approved training.
While young people are considering their future beyond their GCSE or Scottish National Certificate results, HMRC is asking parents and … Continue reading Parents and carers of 16 to 19-year-olds have less than one week left to confirm whether their teenager is staying in full-time education or approved training.
EV Drivers benefit from £20 million chargepoint boost
Drivers will have access to more than 1,000 new electric vehicle chargepoints across the country. more than 1,000 new electric … Continue reading EV Drivers benefit from £20 million chargepoint boost
Walking, wheeling and cycling to be offered on prescription in nationwide trial
Eleven local authority areas in England to benefit from £12.7 million in multi-year funding. trials in 11 areas across the … Continue reading Walking, wheeling and cycling to be offered on prescription in nationwide trial
London landmark tax avoidance scheme named
A tax avoidance promoter based in The Shard has been exposed by HM Revenue and Customs (HMRC) with users warned … Continue reading London landmark tax avoidance scheme named
Legislation updates 2023 for payroll
Following the successful Legislation update for 2021 and then 2022 for payroll by PAYadvice.UK with 20 thousand hits and downloads … Continue reading Legislation updates 2023 for payroll
Share your views about repayment agents
The government is keen to ensure that taxpayers pay the right amount of tax, and, where they are entitled to … Continue reading Share your views about repayment agents
Organised Labour Fraud
As part of the August 2022 employer bulletin, HMRC has issued information on Organised Labour Fraud. Organised labour fraud is … Continue reading Organised Labour Fraud
Using the correct employee addresses — new starters
As part of the August 2022 employer bulletin, HMRC have emphasised the need for employers to notify the correct employee … Continue reading Using the correct employee addresses — new starters
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
August 2022 HMRC Employer Bulletin
HMRC have published their August 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE PAYE Settlement … Continue reading August 2022 HMRC Employer Bulletin
More tax avoidance schemes named
Countrywide Partners Limited has been named as a promoter of a tax avoidance scheme by HMRC. If you have been … Continue reading More tax avoidance schemes named
Couples urged to ‘say yes’ to Marriage Allowance proposal
Eligible married couples or people in a civil partnership could reduce their tax by up to £252 a year by … Continue reading Couples urged to ‘say yes’ to Marriage Allowance proposal
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
Tax residence indicator tool
HMRC have launched a new tool to help determine tax residence status. Tax on furlough reign income : UK residence … Continue reading Tax residence indicator tool
PAYE Settlement Agreements (PSA) — new PSA1
HMRC have completed a review of feedback from employers who use PAYE Settlement Agreements (PSAs). Acting on that feedback HMRC … Continue reading PAYE Settlement Agreements (PSA) — new PSA1
Improving the data HMRC collects – consultation
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
1.2 million low earners to see boost in take-home pay
Low earners who save through a Net Pay Arrangement (NPA) pension will get the same level of government top-up as … Continue reading 1.2 million low earners to see boost in take-home pay
Call to check vehicles before travelling as 41,500 breakdowns caused by tyre issues
With daily life returning back to the new normality, more vehicle are back on the road and more journeys are … Continue reading Call to check vehicles before travelling as 41,500 breakdowns caused by tyre issues
Families can use Tax-Free Childcare to help pay for childcare costs this summer.
With school summer holidays less than a month away, HM Revenue and Customs (HMRC) are reminding families of financial support … Continue reading Families can use Tax-Free Childcare to help pay for childcare costs this summer.
Gender recognition application modernised
The Government committed to modernising the application process in response to the public consultation on the Gender Recognition Act, where … Continue reading Gender recognition application modernised
Consultation launched to tackle tax rebate reprobates
We have all seen them, constant advertising to claim marriage tax allowance rebates, or tax reliefs for working from home. … Continue reading Consultation launched to tackle tax rebate reprobates
HMRC urges customers to leave tax avoidance scheme promoted by London-based firm
HMRC names Peak PAYE Ltd as a tax avoidance promoter and urges individuals to withdraw from using it. This tax … Continue reading HMRC urges customers to leave tax avoidance scheme promoted by London-based firm