Specification for employer substitute forms P60 16 August 2018
HMRC has published the guide which provides information on how to design substitute forms P60, ‘End of Year Certificate’ which employers may use instead of the official form provided by HMRC.
It also includes information on how to adapt substitute form P60 for a pension fund scheme and what to do if you want to issue your substitute form P60 electronically. . PAYE draft forms: specifications for substitute forms P60 - Use this guide to design employer substitute forms P60 for tax year 2018 to 2019.
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RTI technical packs for 2018/19 and 2019/20 – publication dates 5 September 2018
HMRC’s Software Developers Support Team (SDST) has provided an update for software developers which employers and payroll practitioners may also find useful.
SDST plan to provide the following:
• Updated RTI RIM artefacts for the 2018/19 FPS message on 14 September; this will allow reporting of Disguised Remuneration Loans on the existing FPS message. • 2019/20 RTI RIM artefacts for the FPS and EPS messages, along with the 2018/19 EYU message, will be available during the week ending 28 September. • To update the Local Test Service (LTS) on 22 October and the TPVS/ETS test services on 5 November.
Updates regarding the Expenses & Benefits and Data Provisioning Service (DPS) changes will be provided shortly.
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Update to 2018/19 RTI technical pack for reporting of Disguised Remuneration income 20 September 2018
HMRC’s Software Developers Support Team (SDST) has confirmed that an updated FPS schema for 2018-19 (version 1.3) is now available on GOV.UK to support the reporting of Disguised Remuneration income from 6 March 2019:
Payroll software developers will be able to test the new data item using the Local Test Service (LTS) from 22 October and the TPVS/ETS test services from 5 November.
This information was provided for software developers but employers and payroll practitioners may also find this useful.
A reminder to provide information in settlement cases by 30 September 2018
All relevant information must be provided for HMRC to calculate settlement of any disguised remuneration avoidance schemes by 30 September 2018. This will ensure it has time to process the settlement before the loan charge begins on 5 April 2019.
Full guidance on ‘Disguised remuneration: settling your tax affairs’ can be found on GOV.UK.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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