HMRC has released a series of webinars designed to help with ‘employer filing obligations’, ‘payrolling – tax employees’ benefits and expenses through your payroll’ and’ getting payroll information right.’
The webinar that focuses on ‘employer filing obligations’ can be accessed here and is running on Monday 9 December between 10:00 – 11:00. This provides details around the requirement to send regular payroll reports to HMRC, what a Full Payment Submission (FPS) and what an Employer Payment Summary (EPS) is, how to send the reports and when to send them and finally, the implications of not submitting the reports. You can enrol on the ‘payrolling – tax employees’ benefits and expenses through your payroll’ webinar here and this will be held on Wednesday 11 December from 09:00 – 10:00. There will be information on how to register to payroll benefits through payroll and what happens after that point. The session will also advise of the benefits of payrolling benefits and the advantages to both employers and employees of adopting this method, such as the removal of the requirement to send P11Ds for any payrolled benefits. To access the session focused on ‘getting payroll information right, follow this link. The webinar will be cast on Thursday 12 December from 10:00 – 11:00. This is aimed solely at employers and advises how to present correct data to HMRC and to avoid common payroll errors, which in turn will reduce queries from both employees and HMRC.
There will be the opportunity to ask any questions you may have during the webinar using the on-screen text box.
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HMRC reveals the strangest excuses and expense claims on Self- Assessment tax returns it has received in the last decade 20 January 2020 Each year, HMRC customers have a deadline of 31 January to file their Self-Assessment tax returns. With penalties attached to late submission, HMRC has confirmed that it receives some creative and frankly bizarre excuses from those who miss the deadline as they attempt to swerve paying the associated fines. There have also been instances where questionable expenses have been included on those returns and submitted to HMRC.
HMRC has compiled a top ten of the strangest excuses and dubious expenses it’s received in the past ten years, and they are as follows:
10. Caravan rental for the Easter week 9. I was up a mountain in Wales, and couldn’t find a post box or get an internet signal 8. My dog ate the post…. again 7. Claiming £4.50 for sausage and chips meal expenses (for 250 days) 8. My hamster ate my post 5. I’ve been cruising round the world in my yacht, and only picking up post when I’m on dry land 4. A music subscription so I can listen to music while I work 3. Pet food for a Shih Tzu ‘guard dog’ 2. A DJ was too busy with a party lifestyle – spinning the deck….. in a bowls club 1. My mother-in-law is a witch and put a curse on me
Needless to say, none of the excuses and expenses listed above were successful.
The advice given is that HMRC will treat individuals with genuine excuses fairly and that the emphasis is mainly placed on persistent offenders, who regularly miss deadlines or provide incorrect information. There may be occasions where HMRC asks for evidence to support an excuse, so customers should be prepared for this.
Where customers advise HMRC of an acceptable reason for missing the deadline prior to 31 January 2020, they can avoid receiving a penalty notice after that date has passed.
The penalties associated with the late filing of tax returns can be substantial and get progressively higher the later a tax return is. They are as follows:
• An initial £100 fixed penalty. This is applicable even if there is no tax liability due, or if the tax due is paid on time but the Self-Assessment tax return is filed late
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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