Gender recognition application modernised

The Government committed to modernising the application process in response to the public consultation on the Gender Recognition Act, where respondents highlighted how burdensome and unaffordable the existing procedure was. Last year, Minister for Women and Equalities, Liz Truss, announced the first step of this process by reducing the fee for applying for a Gender Recognition … 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. Some almost convince that they are promoted by or are associated with HM Revenue and Customs, when the reality is that they neither approved nor partners of HMRC. ‘Which’, the consumer organisation, refer to some … Continue reading Consultation launched to tackle tax rebate reprobates

NI change 6th July 2022 – are you ready?

Increase in National Insurance thresholds On 23rd March 2022 in the Spring Statement 2022, the UK government announced an increase in National Insurance primary thresholds affecting the 2022 to 2023 tax year. HMRC are reminding employers that the primary threshold changes take effect from 6th July 2022, resulting in employees paying National Insurance contributions on … Continue reading NI change 6th July 2022 – are you ready?

June 2022 HMRC Employer Bulletin

HMRC have published their June 2022 edition of the employers bulletin. It covers a multitude of topics. A primary focus is on the National Insurance changes which come into force from 6th July 2022. Topics covered include: PAYE Changes to our webchat service Increase in National Insurance thresholds Basic PAYE Tools — additional in-year release … Continue reading June 2022 HMRC Employer Bulletin

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 avoidance scheme has been exposed by HM Revenue and Customs (HMRC) on 8th June 2022, to help ensure customers do not end up with large tax bills. Individuals using a tax avoidance scheme provided by … Continue reading HMRC urges customers to leave tax avoidance scheme promoted by London-based firm

HMRC wins disguised remuneration tax avoidance case

The Court of Appeal has found in favour of HMRC that Mr Hoey was liable to pay the tax in his income in ‘Stephen Hoey and others v HMRC’ (13th May 2022). HMRC welcomed the Court of Appeal decision, which confirms that this kind of tax avoidance scheme does not work. Tax avoidance deprives the … Continue reading HMRC wins disguised remuneration tax avoidance case

HMRC instructs agents they can stop using late P45’s

In the HMRC agent update 96 published 19th May 2022, revised guidance has been issued in relation to the late receipt of P45s from employees that are too late to be applied to the first payment. Often employees mislay or employers have not yet issued the P45 to their leaving employee. Equally employees may not … Continue reading HMRC instructs agents they can stop using late P45’s

HMRC to revoke Moscow Stock Exchange’s status

HM Revenue and Customs (HMRC), has today announced its intention to revoke the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange. Investors will not be able to access UK tax benefits when trading securities on MOEX, although existing investments will be protected. The move comes alongside the unprecedented sanctions the UK Government has … Continue reading HMRC to revoke Moscow Stock Exchange’s status

COVID-19 Easements end

As part of the April 2022 Employer Bulletin, HMRC have confirmed detail around the ending of certain ‘easements’ related to special measures during COVID-19. Easement ends for employee home-office expenses Existing rules prior to the coronavirus (COVID-19) pandemic provided Income Tax and National Insurance contributions exemptions, where employers provide employees with equipment to allow them … Continue reading COVID-19 Easements end

Home and Hybrid working – a taxing situation

Working from home: claiming tax relief from April 2022 As part of emergency COVID-19 restrictions, Government instructions to work from home where possible, including the legal requirement to self-isolate if you or a close contact tested positive for coronavirus, meant that in tax years 2020 to 2021 and 2021 to 2022 millions of people across … Continue reading Home and Hybrid working – a taxing situation

April 2022 HMRC Employer Bulletin

HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them. In April 2032edition of the Employer Bulletin there are important updates and information on: PAYE PAYE Settlement Agreements deadline Electronic payment deadline falls on a weekend Classification of company cars or … Continue reading April 2022 HMRC Employer Bulletin

Check what financial help you can get from HMRC

HM Revenue and Customs claim to want to make it as easy as possible for individuals and their family to claim any benefits, credits and allowances that they might be entitled to. They have pulled together a list of all support they can offer. Check what financial help you can get from HMRC Find out … Continue reading Check what financial help you can get from HMRC

Measures announced to ensure that all UK ferry operators pay the national minimum wage and ferries are seaworthy.

new powers mandating ferries operating in and out of the UK pay national minimum wage‘minimum wage corridors’ to be explored with like-minded countries to ensure workers are paid an agreed minimum wageTransport Secretary calls on Insolvency Service to disqualify P&O Ferries Chief Executive The UK government announced a suite of new measures on 30th March … Continue reading Measures announced to ensure that all UK ferry operators pay the national minimum wage and ferries are seaworthy.

Help with Easter childcare costs

Working parents can get up to £2,000 a year to pay for regulated childcare, including holiday clubs and out-of-school activities in the Easter holidays. HM Revenue and Customs (HMRC) is reminding working parents in the UK to not miss out on the opportunity to get up to £2,000 a year to pay for regulated childcare, … Continue reading Help with Easter childcare costs

Spring Statement 2022

Dear PAYadvice.UK, The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term. Key measures the Chancellor announced as part of the plan include: •an increase to the National Insurance Primary Threshold for … Continue reading Spring Statement 2022

Payroll surprise in spring statement

As part of the Spring Statement 2022 given on Wednesday 23rd March 2022, the government announced a change to National Insurance calculations which are to be applicable from Monday 6th July 2022. Increase is Primary Threshold The chancellor has announced an increase in the Class 1 National Insurance Primary Threshold from £9,880 to £12,570, the … Continue reading Payroll surprise in spring statement

April 2022 – New Tax Year resources

PAYadvice endeavours to keep you as up to date as possible with the latest and developing changes impacting payroll and HR. The latest version 22.9 includes the announcements made at the spring statement 2022 which took place on 23rd March 2022.: The increase to primary threshold from 6th July 2022The increase to the Employment Allowance … Continue reading April 2022 – New Tax Year resources

COVID tax easement for those affected by travel restrictions ending

In 2020 HMRC introduced guidance indicating that non-UK resident employees stranded in the UK because of coronavirus travel restrictions would not be taxed on earnings for duties performed in the UK after their planned departure date, provided they were taxed in their home nation. EIM77045 - Appendix 5: COVID-19 considerations for non-residents and non-domiciled employees … Continue reading COVID tax easement for those affected by travel restrictions ending

February 2022 HMRC Employer Bulletin

HMRC publishes their Employer Bulletin online 6 times a year, providing employers and agents with the latest information on topics and issues that may affect them. In the February 2022 edition there are important updates and information on: PAYE Basic PAYE Tools ― new release Changes to our Employer Helpline processes Health and Social Care … Continue reading February 2022 HMRC Employer Bulletin

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 monthly instalments since April 2021, HM Revenue and Customs (HMRC) has revealed. Once a customer has filed their 2020 to 2021 Self Assessment tax return, they can set up a Time to Pay arrangement for up to … 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 to 0.50% from 0.25%. The HMRC interest rates are linked to the Bank of England base rate. As a consequence the HMRC interest rates for the late payment will increase. The change comes into effect … Continue reading HMRC late payment interest rates to be revised

HMRC issue new guidance to operate from 6th April 2022

By PSP (c)2019 HM Revenue and Customs has updated guidance and instructions in preparation to be operated from 6th April 2022. P9X Tax codes to use from 6 April 2022 Use P9X to find out which PAYE tax codes to change, how to change them and which codes to carry forward ready for the new … Continue reading HMRC issue new guidance to operate from 6th April 2022

Over 10.2 million filed their Self Assessment by 31st January 2022

HM Revenue and Customs (HMRC) has confirmed that more than 10.2 million customers filed their 2020 to 2021 tax returns by the 31st January 2022 deadline. More than 630,000 filed on deadline day and the peak hour for filing was 16:00 to 16:59 when 52,475 completed their Self Assessment. There were 20,947 who completed their … Continue reading Over 10.2 million filed their Self Assessment by 31st January 2022

Reported HMRC scam calls drop 97%

Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, latest HM Revenue and Customs (HMRC) figures show, which display a downward trend in reports overall throughout the past year. Reports of scammers impersonating HMRC in phone calls peaked at 79,477 in March 2021 and fell to just 2,491 in December 2021. … Continue reading Reported HMRC scam calls drop 97%

Statutory Sick Pay Rebate (SSPR) service opens

HM Revenue and Customs have written to employers and agents to let them know that the Statutory Sick Pay Rebate (SSPR) service is now open from Wednesday 19th January 2022. Employers could be eligible for support if they employed fewer than 250 employees on 30th November 2021, and they’ve paid Statutory Sick Pay (SSP) to … Continue reading Statutory Sick Pay Rebate (SSPR) service opens

HMRC gives Self Assessment taxpayers more time to ease COVID-19 pressures

HM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers for one month – giving them extra time, if they need it, to complete their 2020 to 2021 tax return and pay any tax due. HMRC is encouraging taxpayers to file and pay on time if they can, … Continue reading HMRC gives Self Assessment taxpayers more time to ease COVID-19 pressures

HMRC fraud squad takes back £1 billion from offenders

More than £1 billion has been recovered from the proceeds of crime and tax offenders since the formation of a specialist HM Revenue and Customs (HMRC) fraud squad five years ago.  Launched in April 2016, the department’s Fraud Investigation Service (FIS) has now recovered assets equivalent to funding around 20,000 NHS nurses for an entire … Continue reading HMRC fraud squad takes back £1 billion from offenders

2,828 ’elf Assessments filed on Christmas Day

More than 31,000 Self Assessments submissions for the 2020 to 2021 tax year over the festive period. HM Revenue and Customs (HMRC) has revealed that 2,828 taxpayers filed their Self Assessment tax return on Christmas Day, compared to 2,700 in 2020. For thousands, filing their tax return on 25 December has become part of their … Continue reading 2,828 ’elf Assessments filed on Christmas Day

Trusted and modern: HMRC’s vision for the future

The Rt Hon Lucy Frazer QC MP Location: HMRC’s Regional Centre in Stratford.Delivered on: 6th December 2021 (Transcript of the speech, exactly as it was delivered) Good morning to everybody, both those who are here in person, and those who are online. Jim, thank you very much for inviting me today. I am really delighted … Continue reading Trusted and modern: HMRC’s vision for the future

HMRC to name tax avoidance promoters

Naming tax avoidance promoters As part of the approach to support taxpayers to steer clear, or move out, of tax avoidance HMRC plans to publish details of those involved in the supply of mass-marketed tax avoidance schemes and details of the schemes they are selling. This will enable taxpayers to spot avoidance schemes more easily … Continue reading HMRC to name tax avoidance promoters

HMRC late payment interest rates to increase

HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 0.25%. The Bank of England Monetary Policy Committee voted on 16th December 2021 to increase the base rate to 0.25% from 0.1%. As a consequence, the HMRC interest rates (which are linked) for late payments will increase. … Continue reading HMRC late payment interest rates to increase

HMRC December 2021 Employer Bulletin

HMRC have issued the December 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are important updates and information on the following: PAYE Health and Social Care – National Insurance contribution increaseNational Insurance holiday for employers of veteransReporting benefits and expenses in real-timeEmployers using Category M National … Continue reading HMRC December 2021 Employer Bulletin

Steps to modernise and simplify UK tax system

As part of Tax Administration and Maintenance Day the government has set out more detail on work to deliver a modern, simple and effective tax system - to help taxpayers get their tax right the first time. The announcements follow the commitment the Chancellor made at Autumn Budget and Spending Review 2021 - for there … Continue reading Steps to modernise and simplify UK tax system

Check on illegal working practices in the security industry

The Security Industry Authority (SIA) and HMRC have carried out joint operations in London, Bradford and Glasgow last week to ensure that security staff were employed legitimately and treated fairly. Teams attended a number of venues and spoke to security operatives to check the correct taxes were being paid and to ensure they were not … Continue reading Check on illegal working practices in the security industry

Tax Administration and Maintenance Day – 30th November 2021

A Tax Administration and Maintenance day (TAMD) will take place on 30th November 2021.Consultations for announcements made at Autumn Budget and Spending Review 2021, summaries of responses to recently closed consultations and technical information notices will be among documents published)None of the announcements will require legislation in the Finance Bill. A number of documents will … Continue reading Tax Administration and Maintenance Day – 30th November 2021

Software Developers HMRC NI Guidance 2022/2023 EB5 (updated to reflect the Spring Statement 2022)

The HMRC Software Support Team (SDST) have issued the National Insurance Contributions guidance for software developers. 6th April 2022 - 5th July 2022 Originally issued in January 2022 and intended to be applicable for the full tax year, NI plans changed by announcement at the governments Spring Statement 2022. This first version now relates to … Continue reading Software Developers HMRC NI Guidance 2022/2023 EB5 (updated to reflect the Spring Statement 2022)

Just some extra cash!

HM Revenue and Customs (HMRC) are reminding individuals that obtaining additional income from various sources may need to be declared and subject to Income Tax. This is 'casual income' and you might need to pay tax on it. This may include money someone earns from things like: selling things, for example at car boot sales … Continue reading Just some extra cash!

Time or running out for claimants with post office card accounts

Around 24,000 HMRC claimants with a Post Office card account have just three weeks left to update with new payment details before the 30th November 2021 deadline, or risk having payments paused. From 1st December 2021, HMRC will stop making tax credits, Child Benefit and Guardian’s Allowance payments to Post Office card accounts. HMRC is … Continue reading Time or running out for claimants with post office card accounts

Legislation update 2022 for payroll

Featured

Following the successful Legislation update 2021 for payroll by PAYadvice.UK with 19,500 hits and downloads since its launch at the beginning of 2021, following the UK budget on 27th October trigger and confirming a number of payroll changes for April 2022, along with announcement by States of Guernsey and States of Jersey - PAYadvice.UK have … Continue reading Legislation update 2022 for payroll

Furlough numbers for September at record low

The number of people on furlough fell to a record low during its September 2021 last month of operation. Figures show 210,000 employees came off the scheme in September – and around half of the 1.1 million people supported were on flexible furlough working some of their usual hours. Insolvency Service data also showed redundancy … Continue reading Furlough numbers for September at record low

Agent view of Employer liabilities and payment for PAYE

The HMRC customer engagement team have provided the following in relation to payroll agents access to client information. Update on Agent view of employer liabilities and payments Rollout plan We are pleased to report that from Monday 1st November agents with up to 7,500 clients can now opt in to see employer liabilities and payments. What … Continue reading Agent view of Employer liabilities and payment for PAYE

Powers to make temporary modifications to employment taxation

According to HM Treasury, COVID-19 has highlighted the limited scope to make changes to the current benefits in kind and expenses tax system to respond quickly to the pandemic. The government has had to introduce primary and secondary legislation with temporary effect to respond to the pandemic, to exempt a number of benefits in kind, … Continue reading Powers to make temporary modifications to employment taxation

Action – final Job Retention Scheme claims

HMRC are contacting employers with the latest information about the closure of the Coronavirus Job Retention Scheme (CJRS). The Coronavirus Job Retention Scheme The CJRS closed on 30th ‌‌September 2021 and the final deadline for claims was 14‌‌th October 2021. What you need to do now: if claims for September need to be amended, this … Continue reading Action – final Job Retention Scheme claims

Start preparing now for Payrolling benefits 2022/2023

HMRC is encouraging employers to consider payrolling the expenses and benefits they pay to staff. The advantages of payrolling expenses and benefits are that employers will no longer need to submit multiple P11Ds, and employees will be more likely to pay the correct tax due on their benefits during the tax year. Employers still need … Continue reading Start preparing now for Payrolling benefits 2022/2023

Paying early for Christmas?

Reporting PAYE information in real time when payments are made early at Christmas As part of the employer bulletin, HMRC are reminding employers of the permanent easement on reporting PAYE-information in real time which has been in place since 2019. Some employers pay employees early for the Christmas period. This can be for a number … Continue reading Paying early for Christmas?

HMRC Agent Update 89 has been published (October 2021)

Dear PAYadvice.UK, Agent Update: issue 89 is now available and contains the latest guidance and information for tax agents and advisers. This edition of Agent Update includes: •Coronavirus Job Retention Scheme •declaring coronavirus support schemes overpayments on company tax returns •Health and Social Care Levy •employers liabilities and payments for PAYE •updates to HMRC appeals processes. … Continue reading HMRC Agent Update 89 has been published (October 2021)

HMRC October 2021 Employer Bulletin

HMRC have issued the October 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: PAYE Tax changes for health and social care Business Tax Account and Pay As You Earn (PAYE) for employers Reporting PAYE information in real time when … Continue reading HMRC October 2021 Employer Bulletin

£1.3 billion in furlough cash returned

New statistics show that businesses have relayed £1.3 billion in furlough cash, with £300 million returned in the last three months.The repayments are being made as more employees return to work as the economy recovers.The number of people on furlough has fallen to the lowest level since the start of the pandemic, with a further … Continue reading £1.3 billion in furlough cash returned

Tax gap low at 5.3%

The HMRC annual Measuring Tax Gaps publication estimates the difference between the total amount of tax expected to be paid and the total amount of tax actually paid during the financial year. The majority of taxpayers pay the tax that is owed. This year’s estimated tax gap at 5.3% represents £35 billion compared to 5% … Continue reading Tax gap low at 5.3%

PAYE RTI 2022-23: Technical Pack updated

The HMRC Software Developer Support Team have notified two updates to the Real Time Information technical specifications and an update to the RTI data items. They provide the following: There have been two additions to the 2022-23 RTI technical pack for internet submissions on GOV.UK at RTI online internet submissions support for software developers The … Continue reading PAYE RTI 2022-23: Technical Pack updated

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

Using unfunded pension arrangements

In the agent update 87, the HMRC remind agents about an arrangement where a company creates an unfunded pension obligation to pay a director of the company a pension. The company may then transfer their obligation to pay the director a pension to a relative or another individual closely associated with the director. The arrangements … Continue reading Using unfunded pension arrangements

HMRC Agent Update 87 published (August 2021)

Dear PAYadvice.UK, Agent Update: issue 87 is now available and contains the latest guidance and information for tax agents and advisers. This edition of Agent Update includes: Coronavirus Job Retention Scheme VAT reverse chargeMaking Tax Digitalbasis period reform consultationEU settlement scheme. Just a reminder that Agent Update is now produced monthly, and your next issue is … Continue reading HMRC Agent Update 87 published (August 2021)

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

Act quickly to get your tax credits reinstated

The Low Incomes Tax Reform Group (LITRG) is urging people who missed the 31 July tax credits renewals deadline to contact HMRC urgently to restart their tax credit payments. Meeting the 31 July deadline was crucial for those who were told to contact HMRC to renew their tax credits. HMRC stop tax credit payments to … Continue reading Act quickly to get your tax credits reinstated

New HMRC Director General announced for Customer Strategy and Tax Design

HM Revenue and Customs Chief Executive and Permanent Secretary Jim Harra announces that Jonathan Athow has been appointed as the new Director General for the Customer Strategy and Tax Design Group. This follows the departure of Ruth Stanier from the role as she undertakes a 12-month career break. Jonathan is currently Deputy National Statistician and … Continue reading New HMRC Director General announced for Customer Strategy and Tax Design

HMRC August 2021 Employer Bulletin

HMRC have issued the August 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: UK Transition Travellers carrying cash Changes to right to work checks from 1 July 2021EU Settlement Scheme: late applications Coronavirus (COVID-19) updates and information Coronavirus Job Retention … Continue reading HMRC August 2021 Employer Bulletin

NICs Holiday for Employers of Veterans (NHEV)

HM Revenue & Customs Software Developers Support Team (SDST) has issued briefing notes for developers in relation to changes for National Insurance Contributions Holiday for Employers of Veterans abbreviated as NHEV. The relief applies from April 2021, however HMRC were unable to ready their systems in time for real time operations and employers will be … Continue reading NICs Holiday for Employers of Veterans (NHEV)

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 announced by the government 20th July 2021. Self-employed and small businesses are set to benefit from simpler tax reporting ruleNew measures to clamp down on promoters of tax avoidance, including supporting taxpayers to steer clear … Continue reading Simplified tax reporting for self-employed and small businesses

HMRC Agent Update 86 has been published

Dear PAYadvice.UK, Agent Update: issue 86 is now available and contains the latest guidance and information for tax agents and advisers. This edition of Agent Update includes: Coronavirus Job Retention Scheme VAT reverse chargeon-line print and post for VAT registrationsCorporate Interest Restriction. Agent Update: issue 86 Just a reminder that Agent Update is now produced … Continue reading HMRC Agent Update 86 has been published

HMRC’s performance during a unique year

PSP (c)2019 HMRC have issued the following news story (13th July 2021) relating to the departments performance. “Published 13 July 2021 Today we have published HMRC’s quarter 4 performance update for 2020 to 2021 and our regular monthly customer service and complaints update covering March 2021. These figures are subject to change until the final … Continue reading HMRC’s performance during a unique year

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

HMRC Agent Update 85 has been published

Dear PAYadvice.UK Agent Update: issue 85 is now available and contains the latest guidance and information for tax agents and advisers. This edition of Agent Update includes: Coronavirus Job Retention Scheme Postponed VAT AccountingOff Payroll WorkingAgent Talking Points – have your say. Agent Update: issue 85 Just a reminder that Agent Update is now produced … Continue reading HMRC Agent Update 85 has been published

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

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

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 umbrella organisations. Working through an umbrella company Those employed by umbrellas can find out about how and what they will be paid if they are an agency worker or contractor and work through an umbrella … Continue reading HMRC publish guidance for those employed by umbrellas

Furlough mistakes! 10,000 employers to receive letters

The HMRC’s Taxpayer Protection Taskforce, was set up to ensure that furlough money has been claimed correctly. The Taskforce is now writing to 10,000 more employers who they think may have made a mistakes with furlough claims. The letter will to ask the employer to check their claims. For support and guidance correcting claims see: … Continue reading Furlough mistakes! 10,000 employers to receive letters

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 Minimum pay industry experts. They have kindly shared the presentation slides from the day. The government department responsible for employment law including National Minimum Wage is the Department for Business Energy and Industrial Strategy (BEIS). … Continue reading BEIS-HMRC Joint National Minimum Wage Stakeholder Forum

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

Gender Recognition Certificate fee reduced

The Government has reduced the Gender Recognition Certificate fee to £5. The Government has delivered on its pledge to reduce the fee of applying for a Gender Recognition Certificate (GRC). In response to the consultation on the Gender Recognition Act, Minister for Women and Equalities, Liz Truss, committed to modernising the process of applying for … Continue reading Gender Recognition Certificate fee reduced

The Financial Secretary to the Treasury, Jesse Norman, reflects on the achievements of the past year and highlights the priorities for the future of the tax system.

The Rt Hon Jesse Norman MP, Financial Secretary to the Treasury, spoke at the annual HMRC stakeholder conference on Wednesday 21st April 2021. Published 26th April 2021. Thank you everyone for coming along and joining us today. My name is Jesse Norman, I’m the Financial Secretary to the Treasury and I’m responsible for tax policy … Continue reading The Financial Secretary to the Treasury, Jesse Norman, reflects on the achievements of the past year and highlights the priorities for the future of the tax system.

Changes to termination payments and post-employment notice pay (PENP)

Background Changes were made to the taxation of termination payments in Finance (No.2) Act 2017, with effect from April 2018 including: the introduction of PENP to ensure that all contractual, customary and non-contractual payments in lieu of notice are considered and consistently subjected to tax and National Insurance contributionsthe removal of foreign service relief on … Continue reading Changes to termination payments and post-employment notice pay (PENP)

Job Retention Scheme guidance updated 22nd April 2021

With the Coronavirus Job Retention Scheme celebrating its 1 year opening with 8.9 million furloughed at one time, HMRC have issued further phased updates (22nd April 2021) to the Coronavirus Job Retention Scheme guidance. Details and links follow: Page titleChangesCheck if your employer can use the Coronavirus Job Retention Scheme (Employee Page)Individuals who are taxed … Continue reading Job Retention Scheme guidance updated 22nd April 2021

Consultation on ‘Raising standards in the tax advice market: professional indemnity insurance and defining tax advice’

Dear Payadvice.U.K. Our consultation on 'Raising standards in the tax advice market' was published on 23‌‌‌rd March 2021. This is your chance to have your say. We need to understand the impact these proposals would have on taxpayers, businesses, the insurance industry and the wider tax advice market, so your views are really important to … Continue reading Consultation on ‘Raising standards in the tax advice market: professional indemnity insurance and defining tax advice’

Want to Payroll Benefits In Kind (PBIK) and not issue P11Ds anymore?

Register for payrolling benefits and expenses If your considering payrolling benefits and expenses from April 2022, they need to register. This will give time to check software capabilities and also inform employees before the start of the 2022 to 2023 tax year. Payrolling is considered to be quicker easier and more real time. It’s also … Continue reading Want to Payroll Benefits In Kind (PBIK) and not issue P11Ds anymore?

HMRC April 2021 Employer Bulletin

HMRC have issued the April 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are updates and information on COVID-19 updates and information:Coronavirus Job Retention SchemeVAT deferral new payment schemeNew one-off payment of £500 to support working households receiving tax creditsExtension of filing dates for internationally mobile … Continue reading HMRC April 2021 Employer Bulletin

COVID-19 support – latest information

Dear Payadvice Ltd, I’m writing to you with the latest information about financial support schemes available to help your clients. 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. Self-Employment Income Support Scheme To support you in helping your clients, here … Continue reading COVID-19 support – latest information

CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)

For the second year running the HMRC have issued the National Insurance contributions tables very late on 6th April. Traditionally issued in late February, the 2021/2022 tables have been issued on Tuesday 6th April 2021. The fact that pay calculations have been required in preparation for payments in the new tax year seems to no … Continue reading CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)

1st April – National Living Wage extended to younger workers

The age threshold for the National Living Wage changes from 25 to 23 as the rate increases on 1st April. The National Living Wage (NLW) will increase on Thursday 1st April 2021 to £8.91, giving a real-terms pay rise to millions of workers. At the same time, the age threshold for the rate will move … Continue reading 1st April – National Living Wage extended to younger workers

HMRC Anti Money Laundering team change name to Economic Crime Supervision

Dear Payadvice, HMRC's Anti Money Laundering Supervision (AMLS) team is changing its name to Economic Crime Supervision (ECS) from 1‌‌ April 2021. This change does not affect our responsibilities under the Money Laundering Regulations or how we will interact with you.   You may continue to see AMLS referenced in correspondence from us during April whilst the changes take effect. You … Continue reading HMRC Anti Money Laundering team change name to Economic Crime Supervision

Employee payment records required to be retained for Six Years for National Minimum Wage purposes

Employers are to be required to keep records relevant to National Minimum Wage for 6 years as part of the The National Minimum Wage (Amendment) Regulations 2021. Regulation 2(5) extends the period for which an employer must keep records sufficient to establish that the employer is remunerating the worker at a rate at least equal … Continue reading Employee payment records required to be retained for Six Years for National Minimum Wage purposes

Substitute P60 form approval process changes

HMRC has announced the following easement for those still awaiting approval for substitute P60 forms from HMRC: “A decision has been made by HM Revenue & Customs (HMRC) to introduce an easement of the normal approvals process for substitute P60 forms. This change is due to the impact that both EU-Exit and the current Covid-19 … Continue reading Substitute P60 form approval process changes

Tax year 2021/2022 tax tables published

For those who like to use the tax tables for the occasional manual calculation or problem checking and resolution, the HMRC have published new 2021/2022 tax tables applicable for payments commencing from 6th April 2021. These provide the monthly and weekly calculation tables for the whole of the United Kingdom including the variations for Scotland … Continue reading Tax year 2021/2022 tax tables published

Online Annual tax summaries

The online Annual Tax Summary shows ‎how much tax and National Insurance contributions someone has paid and how Government spends it. Individuals can find the summary by signing into their personal tax account using the Government Gateway User ID and Password that y used to enrol for Self Assessment online, selecting Self Assessment and then … Continue reading Online Annual tax summaries

Government strengthens tax policymaking with over 30 updates, consultations and documents published

The government has published 23rd March 2021 a series of tax documents and consultations in a move to strengthen policymaking and help create a more trusted, simple and modern tax system. government publishes more than 30 tax updates, consultations and documents to strengthen policymaking and modernise UK tax systemlarge number of the announcements form a … Continue reading Government strengthens tax policymaking with over 30 updates, consultations and documents published

Payroll 2021/22: Employment Allowance and Apprenticeship Levy

HMRC Shipley by PSP HM Revenue and Customs Software Developers Support Team (SDST) have provided the following confirmation for the new tax year and that there is no change. It has been confirmed that for 2021-22 the Employment Allowance and the Apprenticeship Levy will remain at the same levels they were for 2020-21. Employment Allowance: … Continue reading Payroll 2021/22: Employment Allowance and Apprenticeship Levy

Budget 2021

Dear @PAYadvice, On Wednesday, the Chancellor of the Exchequer, the Rt. Hon Rishi Sunak MP delivered the government’s Budget for 2021. In his speech, the Chancellor announced extensions to a number of current COVID-19 schemes, alongside additional support for individuals and businesses, as the UK continues to navigate the impact of the pandemic, including extending the Coronavirus Job … Continue reading Budget 2021

Payroll Question Time: The Budget 2021 – Friday 5th March | 2:00pm – 3:30pm

Join the Payroll and HR community at the SD Worx monthly, online interactive discussion. With one of the most eagerly anticipated Budgets set to be published on 3rd March 2021, our regular expert panel will be discussing the choices and changes set out by Chancellor Rishi Sunak. We’ll be interpreting how they impact businesses in … Continue reading Payroll Question Time: The Budget 2021 – Friday 5th March | 2:00pm – 3:30pm

HMRC Talking Points

Dear @PAYadvice, HMRC's regular Talking Points provide information, guidance and tips to help you to understand tax issues.  We have more Talking Points webinars coming up. There are a limited number of spaces, so save your place now. Penalties for enablers of defeated tax avoidance: This webinar gives an overview of the penalties for enablers of … Continue reading HMRC Talking Points

HMRC issue the 2021/2022 further guidance

The HMRC have update their employer guidance CWG2, CWG5 and also the guide to gross-up where employer pay the tax and NICs on expenses and benefits. CWG2 further guide to PAYE and National Insurance HMRC have issued the updated CWG2 for the 2021/2022 tax year (for the tax year which commences from 6th April 2021). … Continue reading HMRC issue the 2021/2022 further guidance

More help for Self Assessment taxpayers

HM Revenue and Customs announces Self Assessment taxpayers will not be charged the 5% late payment penalty if pay their tax or set up a payment plan by 1st April 2021. Self Assessment taxpayers will not be charged the 5% late payment penalty as long as they pay the tax due or set up a … Continue reading More help for Self Assessment taxpayers