introduced at a time when many people didn’t have bank accounts, and before direct debits or digital payments existed as a convenient and secure way for people to transfer money.
The removal of check off will modernise the relationship between employees and their trade unions and give the employee greater control over their subscription, allowing them to set up their own direct debit with their chosen trade union, and giving them greater consumer protection under the Direct Debit Guarantee. The government intends to update legislation in the Trade Union Bill to facilitate the policy being adopted across the whole of the public sector. This announcement follows the successful removal of check off by a number of central government departments including the Home Office, HMRC and MoD.
Paid too much or too little tax? 13 August 2015
HMRC has published advice on what to do if you have underpaid or overpaid income tax. There is also a short YouTube video which may be useful to share with clients or employees.
If an individual has overpaid or underpaid tax during the tax year, HMRC will notify them between now and October 2015 via a P800 tax calculation.
What you need to do
If you get a P800 tax calculation , please check the details are correct.
You can: compare the figures used with your own records, such as your P60, P11d, bank statements or letters from the Department for Work and Pensions (DWP) use the HMRC tax checker to check how much tax you should have paid
You don’t need to do anything if the calculation is correct.
If you’ve underpaid tax
If you haven’t paid enough tax, we’ll usually change your tax code for the next year to collect the money you owe. This happens automatically so you won’t need to do anything and don’t need to contact us.
Sometimes we can’t collect the money you owe through your tax code, for example, if you’re now out of work. In this case, we’ll write to you explaining how to pay the money you owe.
If you’ve overpaid tax
If you have paid too much tax, we will automatically send you a cheque within 14 days of receipt of your P800. You won’t need to do anything and don’t need to contact us.
Visit GOV.UK to view the short YouTube video .
Concession about treating certain employment income as trading income 13 August 2015
In October 2014 HMRC proposed to withdraw an extra-statutory concession which they believed to be used by only a very small number of people - EIM 03002: Professional remuneration administrative practice.
The concession EIM 03002 allows professional practitioners to treat incidental income from an office or employment as part of their trading or professional income for tax (but not National Insurance) purposes.
HMRC’s view set out in the technical note was that Defra were the main users of this concession and that following a change in their procedures the concession was largely no longer needed and should be withdrawn with effect from 6 April 2016.
However the responses received on this concession showed that it is used much more widely than HMRC believe and 9 out of the 10 respondents objected to the proposed withdrawal. In light of this HMRC are continuing to
CIPP Policy News Journal
25/04/2016, Page 280 of 453
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