Today the Financial Secretary has announced £51 million in funding for HMRC to help them deal with the pressures on … Continue reading HMRC receives funding to man phone lines
HMRC receives funding to man phone lines
Tag: #HMRC
With Accent Umbrella? Get out!
Accent Umbrella Ltd (AUL) has been named by HMRC as a promoter of tax avoidance schemes. Please be cautious following … Continue reading With Accent Umbrella? Get out!
National Insurance cut is live
Millions of workers checking payslips will have seen reductions in National Insurance contributions (NICs) As the economy turns a corner, … Continue reading National Insurance cut is live
Time to renew for tax credits
Tax credits claimants are due to receive their renewal notice from 2nd May. Around 730,000 tax credits claimants will start … Continue reading Time to renew for tax credits
HMRC notify new scam alert
HMRC picked up a new VAT email scam associated with a QR code. We have posted about it on social/digital … Continue reading HMRC notify new scam alert
Tackling Non-Compliance in the Umbrella Companies Market
The government remains concerned about the scale of non-compliance in the umbrella company market, and the detrimental impact that this … Continue reading Tackling Non-Compliance in the Umbrella Companies Market
National Insurance cut for 29 million arrives
29 million workers receive largest National Insurance cut A £900 a year boost for typical worker Part of the governments … Continue reading National Insurance cut for 29 million arrives
6th April 2024 – Happy New (Tax) Year
Here it is again, the start of a New Tax Year. Often when meeting with payroll and tax professionals from … Continue reading 6th April 2024 – Happy New (Tax) Year
Child Benefit rate rises
Child Benefit rates go up on 6th April 2024. Millions of families who claim Child Benefit will automatically receive increased … Continue reading Child Benefit rate rises
Don’t be an April Fool! The Minimum Wage checklist
1st April 2024 National Minimum Wage uplift The 1st April 2024 sees the introduction of a significant uplift in the … Continue reading Don’t be an April Fool! The Minimum Wage checklist
Leap year – Tax Week 53, 54 and 56
There has been a number of discussions in social media about week 53 and what should happen with tax codes. … Continue reading Leap year – Tax Week 53, 54 and 56
Happy 80th birthday to PAYE Income Tax
So The year 2024 sees PAYE reaching 80 years old PAYE (Pay As You Earn) was introduced into the United … Continue reading Happy 80th birthday to PAYE Income Tax
March 2024 Employer Bulletin
HMRC have issued the March 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, … Continue reading March 2024 Employer Bulletin
£900,000 penalty for promoter of tax avoidance scheme
A tax avoidance promoter whose schemes were used by locum doctors and nurses faces a £900,000 penalty for failing to … Continue reading £900,000 penalty for promoter of tax avoidance scheme
HMRC helpline closure halted
Changes to HM Revenue and Customs’ (HMRC) helpline services are being halted while it considers how best to help taxpayers … Continue reading HMRC helpline closure halted
What’s going on with Directors National Insurance
So here we are again, the end of another UK tax year! At PAYadvice.UK we are seeing a high number … Continue reading What’s going on with Directors National Insurance
HMRC tax avoidance promoters naughty list grows
HMRC has updated it pages with the latest addition to the ‘Current list of named tax avoidance schemes, promoters, enablers … Continue reading HMRC tax avoidance promoters naughty list grows
HMRC to collect worked hours paid data
The government is legislating to require businesses to change the information they provide to HMRC through Pay As You Earn (PAYE) Real … Continue reading HMRC to collect worked hours paid data
Consultation on raising standards in the tax advice market – this impacts Payroll service
HMRC are keen to hear views… about the 'Raising standards in the tax advice market: strengthening the regulatory framework and … Continue reading Consultation on raising standards in the tax advice market – this impacts Payroll service
Child benefit changes – Budget 2024
The chancellor Jeremy Hunt announced: We're reforming Child Benefit - raising the threshold and raising the taper. Nobody earning under … Continue reading Child benefit changes – Budget 2024
Spring Budget 2024 speech
Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt. Madam Deputy Speaker… As we mourn the tragic loss of … Continue reading Spring Budget 2024 speech
HMRC – Spring Budget 2024
The following information has been issued by HMRC following the government spring budget held on Wednesday 6th March 2024. Dear … Continue reading HMRC – Spring Budget 2024
April 2024 changes to NICs
The HMRC Software Developer Support Team have issued the following to developers in relation to the 2 percentage point cut … Continue reading April 2024 changes to NICs
VAT threshold increases -Budget 2024
As part of the 6th March 2024, the chancellor announced an increase to the VAT registration threshold “We should reward … Continue reading VAT threshold increases -Budget 2024
Budget 2024 – Payroll impacts etc.
The budget 2024, Wednesday 6th March 2024, announced a number of changes , some of which impact payroll software, service … Continue reading Budget 2024 – Payroll impacts etc.
Pay boost for 21 & 22 year olds and younger workers
National Minimum Wage increases imminent National Minimum Wage applies to all employees and workers who have reached school leaving age … Continue reading Pay boost for 21 & 22 year olds and younger workers
Salary Sacrifice and Minimum Pay : benefit or a risk too far
Salary sacrifice schemes have become increasingly popular, often generated by employer efforts to save secondary National Insurance contributions with employers … Continue reading Salary Sacrifice and Minimum Pay : benefit or a risk too far
Shamed for not paying minimum wage
524 businesses have been named for failing to pay the minimum wage Employers ordered to repay workers nearly £16 million, … Continue reading Shamed for not paying minimum wage
Warning as scam Self Assessment referrals exceed 200,000
HMRC records a rise in the number of customers reporting 'suspicious contact' from fraudsters. With the Self Assessment tax deadline … Continue reading Warning as scam Self Assessment referrals exceed 200,000
Double cab pickup benefit tax status change cancelled
HMRC originally issued updated guidance on the Benefit in Kind treatment of double cab pick-ups on Tuesday 12th February 2024. … Continue reading Double cab pickup benefit tax status change cancelled
February 2024 Employer Bulletin
HMRC have issued the February 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, … Continue reading February 2024 Employer Bulletin
Work security check time is Working Time
An employment agency breached National Minimum Wage (NMW) regulations by not paying enough to cover waiting time for workplace security … Continue reading Work security check time is Working Time
Record numbers file Self Assessment on time
11.5 million Self Assessment customers submitted their tax returns by the 31 January deadline A record-breaking 11.5 million taxpayers submitted … Continue reading Record numbers file Self Assessment on time
Do you have workwear and uniform costs? Claim tax relief direct from HMRC
HMRC are reminding those who have to use workwear or provide uniform which they take home - that they may … Continue reading Do you have workwear and uniform costs? Claim tax relief direct from HMRC
Not so pure umbrella scheme – get out!
HMRC continues to warn about avoidance schemes and have added another name to their published list – Purity Ltd. If … Continue reading Not so pure umbrella scheme – get out!
Paternity pay change – April 2024
There are changes to the way Paternity Leave and Pay can be claimed and taken. This will make it more … Continue reading Paternity pay change – April 2024
Around 45 thousand choose to spread self Assessment tax
As the 31st January 2024 deadline to submit a Self Assessment tax returns looms, nearly 45,000 people have sorted their … Continue reading Around 45 thousand choose to spread self Assessment tax
Compulsory Payrolling of benefits on the table for April 2026
"to make the tax system simpler and fairer" The government announced Tuesday 16th January 2024 as part of a package … Continue reading Compulsory Payrolling of benefits on the table for April 2026
HMRC ‘appy New Year for jobseekers
Find your National Insurance number and employment history using the HMRC app. With the New Year a popular time to … Continue reading HMRC ‘appy New Year for jobseekers
Crypto Asset tax return requirements
With use of cryptoassets growing, HM Revenue and Customs (HMRC) is urging people to avoid potential penalties and check if … Continue reading Crypto Asset tax return requirements
How much NICs will you save?
Want to know how much the reduction in National Insurance could save you & your friends & family? The government … Continue reading How much NICs will you save?
6th Jan 2024 NI cuts – are you ready
At the Autumn Statement 2023 held on 22nd November, a 2% cut in the standard rate of National Insurance was … Continue reading 6th Jan 2024 NI cuts – are you ready
Another avoidance umbrella named!
HM Revenue and Customs (HMRC) have named (21st December 2023) another tax avoidance promoter umbrella company using powers from the … Continue reading Another avoidance umbrella named!
Had a Christmas job? Check your pay!
Festive workers who may be missing out on the National Minimum Wage or National Living Wage are being urged to … Continue reading Had a Christmas job? Check your pay!
No frosty surprises when you claim tax relief with HMRC
Every penny counts at Christmas and employees eligible to claim a tax refund on any work-related expenses are being urged … Continue reading No frosty surprises when you claim tax relief with HMRC
Many Happy (Tax) Returns
There were 4,757 tax payers who filed their Self Assessment return on Christmas Day, according to HM Revenue and Customs … Continue reading Many Happy (Tax) Returns
Spring Budget 2024 set for 6th March
Budget date announced HM Treasury has confirmed that the Chancellor Jeremy Hunt has commissioned the Office for Budget Responsibility to … Continue reading Spring Budget 2024 set for 6th March
Off-payroll working rules (IR35) – pause settlement option
The agent update 115 has reminded that at the Autumn Statement on 22nd November 2023, the government is introducing a … Continue reading Off-payroll working rules (IR35) – pause settlement option
HMRC now accepts some digital signatures
As part of Agent update 115, HM Revenue and Customs (HMRC) have confirmed that they will now accept digital or … Continue reading HMRC now accepts some digital signatures
HMRC Christmas and New Year opening times
HMRC have issued their Christmas and New Year opening hours. Friday 22 December | 8am to 4pmSaturday 23 to Tuesday … Continue reading HMRC Christmas and New Year opening times
Do I need to declare foreign income to HMRC?
UK resident taxpayers who have income from outside the UK may need to declare this income to HMRC. They have … Continue reading Do I need to declare foreign income to HMRC?
Welsh Income Tax April 2024
Photo by Lisa Fotios on Pexels.com Welsh Rates of Income Tax (WRIT) The process for Wales involves the UK Government … Continue reading Welsh Income Tax April 2024
Scottish Budget tax proposals for April 2024
Photo by Pixabay on Pexels.com The Scottish Budget 2024-2025 was presented to the Scottish Parliament on Tuesday 19th December 2023. … Continue reading Scottish Budget tax proposals for April 2024
National Insurance change for directors – are you ready
As a result of the Autumn Statement reduction in NIC standard rates by 2% from 12% to 10%, employees will … Continue reading National Insurance change for directors – are you ready
Enforcement Notice on repayment agent ads
The Committee of Advertising Practice (CAP) and HM Revenue and Customs (HMRC) have seen an increase in ads from tax … Continue reading Enforcement Notice on repayment agent ads
2024/2025 P60 design
HMRC have issued the RD1 Specification for employers substitute forms P60 for the new 2024/2025 tax year. The RD1 guide … Continue reading 2024/2025 P60 design
Claim NIC rebates on relevant mileage
Impact of recent Upper Tribunal decision on National Insurance contributions When employees use their own car for work, relief from … Continue reading Claim NIC rebates on relevant mileage
Minimum Pay – Geographical approach to employers
National Minimum Wage compliance approach As part of the NMW compliance approach outlined in the December 2023 Employer Bulletin, HM … Continue reading Minimum Pay – Geographical approach to employers
Want to payroll benefits – plan and register soon for 2024/2025
Many employers provide benefits, whether as part of standard reward packages or via flexible reward choice programmes utilising Salary Sacrifice … Continue reading Want to payroll benefits – plan and register soon for 2024/2025
2024-2025: Car and van fuel benefit charges
Company van The Van Benefit Charge applies when an employee is provided with a company van and it is used … Continue reading 2024-2025: Car and van fuel benefit charges
December 2023 Employer Bulletin
HMRC have issued the December 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading December 2023 Employer Bulletin
Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
HM Revenue and Customs Software Developers Support Team have issued the following Monday 4th December 2023 and then updated further … Continue reading Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024
SSP daily rate tables confirmed
The HMRC Software Developers Support Team have confirmed the daily SSP rates. The weekly rate has already been issued as … Continue reading SSP daily rate tables confirmed
Student Loan Plan 4 threshold for April 2024 confirmed
HMRC Software Developers Support Team (SDST) has confirmed (Monday 4th December 2024), the student Plan Type 4 (Scotland) threshold applicable … Continue reading Student Loan Plan 4 threshold for April 2024 confirmed
HMRC names more tax avoidance schemes
HM Revenue and Customs (HMRC) have added more tax avoidance schemes that don’t work. Bluestar Financial Solutions Limited The scheme … Continue reading HMRC names more tax avoidance schemes
Statutory Payment Rates 2024 increased by 6.7%
The UK Government have announced the increase basis for Statutory Payment rates along with other benefits and have released the … Continue reading Statutory Payment Rates 2024 increased by 6.7%
Company Car Tax 2024
As part of the Autumn Statement documentation Annex A, the company car tax rates for April 2024 have been confirmed … Continue reading Company Car Tax 2024
Income Tax 2024/2025
As part of the Autumn Statement 2023, the government have provided the following information on the operation of Income Tax … Continue reading Income Tax 2024/2025
Autumn Statement 2023: National Insurance Factsheet
A factsheet setting out details of cuts to main rates of National Insurance for employees and the self-employed. HM Treasury … Continue reading Autumn Statement 2023: National Insurance Factsheet
NI reduction bill presented
Following the Autumn Statement 2023 held on Wednesday 22nd November, As promised by Chancellor, the government have laid a bill … Continue reading NI reduction bill presented
Paid Worked Hours on FPS!
As part of the Autumn Statement announcements on Wednesday 22nd November 2023, HM Revenue and Customs (HMRC) has confirmed a … Continue reading Paid Worked Hours on FPS!
Reduction in NI = reduction in employee salary sacrifice benefit
With the governments Autumn Statement reduction of 2% in the standard rate of National Insurance Contributions from the current 12% … Continue reading Reduction in NI = reduction in employee salary sacrifice benefit
Payroll 2023-24: January 2024 changes to NICs
Following the Autumn Statement announcement n the 2 percentage reduction in employee National Insurance contributions, the HMRC Software Developers Support … Continue reading Payroll 2023-24: January 2024 changes to NICs
National Insurance rates cut by 2 percent
As part of the Autumn Statement, the Chancellor of the Exchequer Jeremy Hunt has announced a shock mid year change … Continue reading National Insurance rates cut by 2 percent
Marriage Allowance: find out if you could be better off in just 30 seconds
Couples who are married or in a civil partnership are being urged by HM Revenue and Customs (HMRC) to spend … Continue reading Marriage Allowance: find out if you could be better off in just 30 seconds
£146 million in bonus payments for Help to Save
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus … Continue reading £146 million in bonus payments for Help to Save
Self Assessment Scam Warning
Self Assessment filers are urged by HM Revenue and Customs (HMRC) to be on the lookout for scam texts, emails … Continue reading Self Assessment Scam Warning
Residential charging of company electric vehicles – HMRC change of heart!
The HMRC has outlined a change in the October 2023 Employer Bulletin in relation to electric vehicles being charged at … Continue reading Residential charging of company electric vehicles – HMRC change of heart!
Students – don’t be scammed
New to paying tax? Criminals posing as HMRC may contact you offering a tax refund or to tell you your … Continue reading Students – don’t be scammed
Christmas 2023 and New Year 2024 – when are the Bank Holidays and what about paying early?
At last - Christmas Day and New Year’s Day don’t fall on weekends this year and there are no substitute … Continue reading Christmas 2023 and New Year 2024 – when are the Bank Holidays and what about paying early?
October 2023 Employer Bulletin
HMRC have issued the October 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading October 2023 Employer Bulletin
Major increase to National Living Wage on its way
The National Living Wage will rise to two-thirds of average earnings, the Chancellor announced Monday 2nd October 2023 National Living … Continue reading Major increase to National Living Wage on its way
HMRC name three more tax avoidance schemes that don’t work
They we have added (25th September 2023) three more names to the published list of tax avoidance schemes Olympus Contracting … Continue reading HMRC name three more tax avoidance schemes that don’t work
Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind
As part of agent update 112 published 20th September 2023, HMRC have provided a response to a submitted question around … Continue reading Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind
Young people urged to ‘claim their cash’
Hundreds of thousands of young adults could have an average of £2,000 waiting for them in their unclaimed Child Trust … Continue reading Young people urged to ‘claim their cash’
PAYE RTI 2024-25: technical pack published
Dear PAYadvice.UK, I’m pleased to advise that the 2024-25 RTI technical pack for internet submissions is now available on GOV.UK … Continue reading PAYE RTI 2024-25: technical pack published
Autumn Statement set for 22nd November 2023
During the National Payroll Week, the Chancellor of the Exchequer, Jeremy Hunt, announced on 5th September 2023 that he will … Continue reading Autumn Statement set for 22nd November 2023
Change of circumstances – Do you need to complete a Self Assessment tax return?
If someone has had a change in circumstances, then they might need to complete their first ever Self Assessment tax … Continue reading Change of circumstances – Do you need to complete a Self Assessment tax return?
Funding education by dividend diversion? It doesn’t work!
As part of the August 2023 employer bulletin and also spotlight 62, HMRC are communicating information on another failed tax … Continue reading Funding education by dividend diversion? It doesn’t work!
August 2023 Employer Bulletin
HMRC have issued the August 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading August 2023 Employer Bulletin
Legislation updates 2024 for payroll
Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2024 for payroll. We believe … Continue reading Legislation updates 2024 for payroll
HMRC professional standards for compliance
HMRC’s Customer Compliance Group (CCG) have introduced a set of Compliance Professional Standards. The Standards set out how HMRC should … Continue reading HMRC professional standards for compliance
HMRC late payment interest rates increase
HMRC interest rates for late payments will increase following the Bank of England interest rate rise to 5.25%. The Bank … Continue reading HMRC late payment interest rates increase
Another fruitless umbrella tax avoidance scheme named by HMRC
HM Revenue and. Customs have used their powers to name another promoter of tax avoidance that does not work on … Continue reading Another fruitless umbrella tax avoidance scheme named by HMRC
Over 2 million new starters put on wrong tax code!
According to an HMRC promotion, they have acknowledged that over two million new employees who started a new job in … Continue reading Over 2 million new starters put on wrong tax code!
Another tax avoidance rogue umbrella warning
HMRC have listed another rogue umbrella promoting tax avoidance schemes which do not work. Named on 27th July 2023, Easyway … Continue reading Another tax avoidance rogue umbrella warning
Grants available for organisation who can support those who need help with tax
Applications open for the Voluntary and Community Sector Grant Funding Programme HM Revenue and Customs have secured £5.5 million for … Continue reading Grants available for organisation who can support those who need help with tax
Getting your new employees tax right
HMRC are concerned on the number of new starters who they receive on Full Payment Submissions with incorrect or missing … Continue reading Getting your new employees tax right
Taking on a new employee? Make sure you collect accurate information.
HMRC have been concerned with some of the accuracy of data reported to them for new employees when commencing employment.To … Continue reading Taking on a new employee? Make sure you collect accurate information.
Starting a new job? Make sure your details are accurate
Providing your employer and HMRC with accurate personal information - get the right pay faster When we start a new … Continue reading Starting a new job? Make sure your details are accurate