As highlighted by reports from the Office of Tax Simplification and the House of Lords, it is clear that IR35 is not effective enough. Non-compliance in this area is estimated to cost over £400 million a year. The government wants to find a solution that protects the Exchequer and improves fairness in the system. This discussion document has been published to start dialogue between HMRC and stakeholders on the best way to reform IR35 legislation.
HMRC are looking for comments by the end of September 2015.
CIPP comment The Policy Team will be involved in discussions with HMRC and other stakeholders and will publish a survey if deemed appropriate over the next few weeks.
Employment intermediaries: reporting requirement guide for agents 31 July 2015
The guidance for employment intermediaries and the new reporting requirements has been updated for agents. The new guide provides further information about how to access the service for clients.
Intermediaries must return details of all workers they place with clients where the intermediary doesn’t operate Pay As You Earn (PAYE) on the workers’ payments. The return is a report (or reports) that must be sent to HMRC at least once every 3 months. Intermediaries can decide how frequently you upload and send your reports. This could be weekly, monthly, once for each period, or whatever fits in best with how they work.
The intermediary that has the contract with the client is responsible for sending the report (or reports).
Employment intermediaries: reporting requirements
Employment intermediaries: report template 4 August 2015
A number of updates have been made to the guide and reporting template for intermediaries.
The guide and templates (help text in columns P and Y) have been updated because of new formatting rules for decimal places and Companies House registration numbers. Previously downloaded versions of the templates will continue to work with the new formatting rules.
Clarification has been added for employment intermediaries of which version of the report template to use depending on the spreadsheet software used.
HMRC has also published a document which provides information for software developers about the items in the report template.
Read more about Employment intermediaries: reporting requirements .
Have your say on tax & NIC changes for non-payroll labour 17 August 2015
CIPP and BDO have created a joint survey to give you a chance to have your say on the Government’s latest tax proposals to clamp down on non-payroll labour. Please take a few minutes to complete this quick survey – before the closing date on 15 September. The survey gives you the chance to comment on the proposals in the Government’s “ Intermediaries Legislation (IR35): discussion document ” – these include making organisations that engage contractors working through a personal service company (PSC) responsible for deducting tax and NIC from payments made to the PSC.
CIPP Policy News Journal
25/04/2016, Page 311 of 453
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