Thank you to those CIPP members who contacted the Policy Team to let us know about the errors. And thank you also to HMRC and GOV.UK for their prompt action in correcting the tables.
Plan ahead for Easter payments 7 March 2016
As Good Friday and Easter Monday are both Bank Holidays, Bacs is urging businesses to start planning now to avoid delays in payments over the holidays.
As Good Friday (25 March) and Easter Monday (28 March) are both Bank Holidays, payments scheduled to be made on these days will not be processed, so business owners and finance teams should plan ahead to ensure important payments to staff, customers and suppliers are submitted in time. For example, if payments are to arrive in accounts on Tuesday 29 March, then they must be submitted on Wednesday 23 March at the latest. Similarly, if payments are to arrive on Wednesday 30 March, the process must begin on Thursday 24 March.
To help with this planning Bacs has produced a processing calendar setting out key payment dates and non- processing dates for 2016.
Starter Checklist updated for 2016-17 9 March 2016
The new employee Starter Checklist has been updated to reflect new tax year changes and to include Student Loan information.
Employers can use the Starter Checklist to gather the information required to operate PAYE for a new employee and to complete the first Full Payment Submission for the employee.
Starter Checklist – printable format 15 March 2016
Since publishing the link to the online updated version of the Starter Checklist for 2016-17, we have been asked by several members for a printable version.
We have asked HMRC if they are going to provide a printable version for those who cannot complete electronically; we are still waiting for a reply on this.
In the meantime HMRC’s SDST provided an example copy which one of our members adapted to be a blank version.
Follow this link to our original news item where you can access the blank printable version of the Starter Checklist .
Aligning national insurance and income tax 10 March 2016
The OTS has published the findings of a detailed review into bringing the two payroll taxes closer together which includes a seven stage closer alignment plan.
The Office of Tax Simplification (OTS) has published the findings of a detailed review into bringing the two payroll taxes closer together to create a simpler and more modern system.
CIPP Policy News Journal
25/04/2016, Page 305 of 453
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