The charge on outstanding disguised remuneration loans – known as the ‘loan charge’ - was introduced to tackle the use of disguised remuneration schemes and came into effect on 5 April 2019. The charge applies to all loans made since 6 April 1999 if they are still outstanding on 5 April 2019 and the recipient has not settled the tax due. The legislation added a 45% non-refundable charge on all loans advanced through the schemes – some of them dating back to 20 years ago – unless the individual had agreed with HMRC to settle their tax affairs by midnight on 5 April. Since the loan charge was announced at Budget 2016, HMRC has agreed settlements on disguised remuneration schemes with employers and individuals worth more than £1 billion. Around 85% of this came from settlements with employers and 15% from settlements with individuals.
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DWP change at the top - Secretary of State for Work and Pensions 11 September 2019
Thérèse Coffey MP has replaced Amber Rudd as Secretary of State for Work and Pensions.
Thérèse Coffey MP was previously Minister of State at the Department for Environment, Food and Rural Affairs between 25 July 2019 and 8 September 2019. She was previously Parliamentary Under Secretary of State at the Department for Environment, Food and Rural Affairs from 17 July 2016 to 25 July 2019. She was elected the Conservative MP for Suffolk Coastal in May 2010. The Secretary of State has overall responsibility for the Department for Work and Pensions (DWP). They have direct responsibility for departmental expenditure and departmental management.
DWP is responsible for the administration of the State Pension and working age benefits system, providing support to:
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people of working age
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employers
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pensioners
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families and children
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disabled people
Health is everyone’s business: proposals to reduce ill health-related job loss
The DWP together with Department of Health and Social Care are currently seeking views on different ways in which government and employers can take action to reduce ill health-related job loss. In the Health is everyone’s business consultation which closes on 7 October 2019.
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Plans to raise primary and secondary teachers' salaries by 2022 6 September 2019
Salaries for new teachers are set to rise to £30,000 by 2022-23, under government plans for the biggest reform to teacher pay in a generation.
Education Secretary Gavin Williamson announced the plans, underlining his determination to recognise teaching as the high-value, prestigious profession it is.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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