From April 2018, employers in England who pay the apprenticeship levy will be able to transfer apprenticeship service funds to other organisations to pay for their apprenticeship training and assessment.
Geographical extent - Apprenticeships are a devolved policy and this update applies only for apprentices in England . Each of the UK nations manage their own apprenticeship programmes, including how funding is spent on apprenticeship training. If you’re an employer with operations in Scotland, Wales or Northern Ireland, you may also want to contact your apprenticeship authority.
For the first phase, employers can transfer up to 10% of their annual funds to one other employer. The number of employers they can make a transfer to will increase over time and after user feedback from the first phase.
Key dates:
• levy-paying employers who use the apprenticeship service will be able to see their transfer allowance at the end of April 2018 • employers will be able to make a transfer to one other organisation from May 2018 • the receiving organisation will be able to start adding apprentice commitments from May 2018.
For further information, go to the GOV.UK webpage Transferring apprenticeship service funds.
This information was highlighted in the recent Agent Update 65.
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Agents toolkits – checklist, training aid or refresh 4 May 2018
HMRC has 20 online Tax Agents toolkits which have been created with input from agents and their representatives, including the Compliance Reform Forum, to help your clients avoid errors in their returns.
The content is based on HMRC’s view of how tax law should be applied. Each toolkit focuses on errors HMRC regularly comes across. They don’t cover all types of error that can occur in any return. For areas not covered by the toolkits, you should refer to the relevant HMRC guidance.
The toolkits are updated each year to reflect any changes coming in from the relevant Finance Act. They contain:
• a checklist to help identify the key areas errors often occur • explanatory notes which identify the underlying types of error, how to avoid them and a brief outline of the tax treatment • links to relevant online guidance.
The Tax Agents toolkits are designed not only to help you submit returns, but also to help you and your clients take reasonable care. The toolkits cover a range of subjects:
• • • • • • •
Capital Gains Tax Toolkits Companies Toolkits Employer Toolkits Toolkits for individuals Property rental Toolkit
VAT Toolkits
Trusts and estates Toolkits.
The toolkits can also help keep you up to date with tax legislation, guidance and used as either a straightforward checklist or training aid.
Add Tax Agents Toolkits to your shortcuts - you never know when it may come in handy.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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