At the last Collection of Student Loans Consultation Group meeting there was a discussion about the possibility of showing both undergraduate and postgraduate loans on payslips.
Item 3 within the meeting minutes refers to Postgraduate loans and HMRC asked the representatives in the group what would show on payslips. Would the different loans be identified (undergraduate or postgraduate) or would it be a combined figure? The consensus was that showing the loans separately on payslips would be a good idea.
In light of this we would like to ask payroll professionals if showing this information separately will be an administrative burden.
Please take a moment to complete our CIPP Poll on our home page (bottom right) which asks:
Would showing different student loan deduction types separately on payslip be an admin burden?
Follow this link to read the minutes of the last CSL forum meeting - CSL Consultation Group minutes - 14 December 2015 . Previous minutes are also available on GOV.UK .
Awareness of Scottish Rate of Income Tax 7 March 2016
HMRC has begun an online awareness campaign on the Scottish Rate of Income Tax (SRIT) to help spread the word among both individuals and employers before implementation on 6 April 2016.
Throughout January 2016 the CIPP policy team together with HMRC ran a brief survey to establish payroll and employer readiness for the implementation of SRIT.
CIPP comment We asked four key questions and the results showed that almost three quarters of respondents felt they had received sufficient information on SRIT and over three quarters know what they will need to do to if they have a Scottish Taxpayer on their payroll. The CIPP is hopeful that awareness will be much higher following HMRC’s online campaign and we will continue to work with them in any way we can to raise awareness even further.
Have you had sufficient information to help you to prepare for the introduction of the Scottish Rate of Income tax from April 2016?
72% (44) said Yes, 28% (17) said No.
Comments included:
While the concept has been there for a long time there has been limited specific practical information. Yes through CIPP and a letter as an individual tax payer but as an employer we have received little notification from HMRC. Am aware of HMRC publicity that it was coming in & software provider has confirmed that they are implementing 'S' prefix on payroll.
Have you received any queries regarding the Scottish rate of Income tax from your workforce?
10% (6) said Yes, 90% (55) said No
Comments included:
Mainly the queries have regarded why they have to advise HMRC themselves regarding a change of address for being classed as a Scottish Taxpayer, rather than directly to do with the SRIT itself. How it will work with cross border payrolls where it may be beneficial to live in England but work in Scotland. Clarity on whether they are classed as SRIT payer and about address changes.
Do you know what you need to do if you have a Scottish taxpayer in your payroll?
78% (46) said Yes, 22% (13) said No
CIPP Policy News Journal
25/04/2016, Page 33 of 453
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