Policy News Journal - 2016-17

The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal

£10 million price tag on Tesco from minimum wage payroll error.....................................................................360 BEIS survey on recording the number of hours worked on payslips.................................................................362 Minimum Wage increases on 1 April 2017 .......................................................................................................362 PAYE (Pay As You Earn) ................................................................................ 364 Aligning national insurance and income tax ....................................................................................................364 Aligning national insurance and income tax......................................................................................................364 Income tax and National Insurance alignment..................................................................................................364 Indicative five year timetable for NICs reform...................................................................................................365 Annual National Insurance Contributions - now is not the right time.................................................................367 Employee Share Schemes..................................................................................................................................368 User testing to improve 2015-16 share scheme returns – are you ready to file?..............................................368 Consultation on employee share schemes NIC elections.................................................................................368 Consultation response on employee share schemes NIC elections .................................................................369 Impact of the Autumn Statement announcement on Employee Shareholder shares........................................369 Abolishing Employee Shareholder Status ........................................................................................................370 Expat News ..........................................................................................................................................................371 Expat starter checklist ......................................................................................................................................371 Expat tax claim (R38 (Expat))...........................................................................................................................371 Consultation on non-dom reforms ....................................................................................................................371 Benchmark Scale Rates for inward assignees .................................................................................................372 Draft legislation: non-domiciled individuals.......................................................................................................373 Expatriate tax and National Insurance contributions.........................................................................................374 Joint Forum on Expatriate Tax and National Insurance Contributions..............................................................374 General PAYE News............................................................................................................................................376 Rates and thresholds for employers 2016 to 2017 ...........................................................................................376 Scottish S prefix tax codes ...............................................................................................................................376 Check-off u-turn in Trade Union Bill..................................................................................................................376 Further consultation on tips, gratuities, cover and service charges ..................................................................377 Pension flexibility - reporting of non-taxable death benefits through RTI ..........................................................377 Payroll Giving approved agencies ....................................................................................................................378 New record for number of payments processed by Bacs .................................................................................378 Changes to internet security in the payments industry .....................................................................................379 PAYE late filing penalties - continuation of 3-day easement and risk-based approach to charging penalties ..379 HMRC issues update to CA39 - Contracted-out salary related pension schemes............................................380 CIPP survey on the BIS consultation on tips, gratuities, cover and service charges ........................................380 Getting Basic PAYE Tools working on Linux ....................................................................................................381 Primary school children should be taught about taxation and pensions ...........................................................381 What payroll information to report to HMRC .....................................................................................................382 1000 small businesses risk being locked out of Bacs after 13 June .................................................................382 CIPP webcast on recent and future changes to payroll legislation ...................................................................382 Bacs extend deadline date for new security requirements................................................................................383 Payroll Giving sees a 3% increase ...................................................................................................................383 Operating PAYE correctly on pension flexibility payments ...............................................................................384 Making a request for Seafarers' NT Code (R44)...............................................................................................384 Data Provisioning Service (DPS) issue ............................................................................................................385 Appealing a penalty – what may count as reasonable?....................................................................................385 Treatment of income from sporting testimonials ...............................................................................................386 Simplification of the tax and National Insurance treatment of termination payments ........................................387 CWG2(2016) Employer Further Guide to PAYE and NICs ...............................................................................387 New employee coming to work from abroad.....................................................................................................388 Notice of transfer of surplus Income Tax allowances (575(T))..........................................................................388 PAYE accounts not showing the latest position................................................................................................388 RTI challenges faced by micro-employers........................................................................................................388 Agricultural Wages in Scotland.........................................................................................................................390 Reforms to public sector exit payments: Government Response to consultation .............................................390 Call for more employers to offer Payroll Giving to staff.....................................................................................391 Public sector exit payments – action required by employers ............................................................................391 PAYE draft forms: specifications for substitute forms P60................................................................................392 Professional bodies approved for tax relief (list 3) updated ..............................................................................393 Withdrawal of Electronic Data Interchange (EDI) .............................................................................................393 PAYE for non-resident employee’s working in UK............................................................................................393 Serious ill-health lump sums and RTI reporting ................................................................................................394 Draft legislation for sporting testimonial payments ...........................................................................................394 Clarifying the Scope of Scottish Income Tax Powers .......................................................................................395 Tax relief: employee liabilities and indemnity insurance ...................................................................................396 Scottish Income Tax Rates and Bands 2017-18...............................................................................................396

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