Thursday 3 May – 9am to 10am
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Company directors – payroll and you Find out about the treatment of directors’ pay for Income Tax and National Insurance purposes and how expenses and benefits could affect your payroll.
Friday 4 May – 9am to 10am
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You can ask questions during the webinars – just use the on-screen textbox.
If you haven’t joined a webinar (online presentation) before, this guide will tell you what you need to do.
The new tax year has already started but have you completed your end of year tasks, prepared for the new tax year or thought about issuing P60s?
For last minute help, catch up with this recorded webinar ‘Payroll: annual reporting and tasks’. HMRC use the Basic PAYE tool to show you the principles involved.
There’s also a short video about ‘Payroll software and sending report to HMRC’, one of a range of videos for employers on HMRC’s YouTube channel.
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HMRC update on prioritising change due to Brexit 3 May 2018
HMRC has shared details of the work it has been doing to prioritise change within the department to enable it to deliver new priorities – in particular our exit from the EU.
HMRC shared with stakeholders, via email, details of the work it has been doing to prioritise change within the department to enable it to deliver new priorities (in particular EU Exit) while keeping on track with its ambition to become the world’s most digitally advanced tax authority.
The full detail of the communication from HMRC can be read here, but we have summarised it below and drawn out what changes may impact payroll.
EU Exit • In 2015, HMRC secured £1.3 billion from government to transform the way it worked, and said its goal was to become the world’s most digitally-advanced tax authority. • In 2016, the EU referendum result heralded potentially major changes in HMRC’s customs, tax, tax credit and child benefit work. This means delivering essential programmes to support access to European markets and boost free trade with countries across the world. Many of these will be delivered through sophisticated digital systems. • At the end of 2017, HMRC had 15 major programmes and more than 260 projects running so had to take a step back and look carefully at what it could, and should, deliver in light of challenges. • HMRC has prioritised the projects that make the most difference – pausing some work and stopping other projects to make room for the EU Exit work; however although the journey will be slower it doesn’t change the overall ambition to become the world’s most digitally-advanced tax authority.
Individuals
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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