The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
Amongst other amendments for tax year 2017 to 2018 onwards, a deduction is also available against the earnings of an office or employment where an employee incurs costs or expenses in connection with giving evidence in or for the purposes of proceedings (or some other process or an investigation) about a matter related to their employment. The relief applies even if no other action is likely to be taken against the employee as a result of the proceedings. ‘Giving evidence’ includes answering questions and making a statement either formally or informally. ‘Proceeding or other process’ includes civil, criminal, disciplinary or arbitration proceedings and any process for resolving disputes or adjudicating complaints, and the exemption includes costs or expenses relating to any proceedings or investigations likely to take place.
The draft guidance can be read in full and if you have any comments or queries on this draft guidance please contact the employment income policy team .
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Updates for the new tax year 2017-18 6 April 2017
Today welcomes the first day of the new tax year and with it comes a host of updates from HMRC.
GOV.UK has updated a large number of pages to reflect changes within payroll information required for the 2017-18 tax year.
Updates include:
What payroll information to report to HMRC
SL3: Student Loan deduction tables
PAYE: private use of company van (P11D WS3) PAYE: end-of-year expenses and benefits (online form) PAYE: end-of-year expenses and benefits (P11D) PAYE: end of year expenses and benefits (P11D guide) PAYE: living accommodation (P11D WS1) PAYE: car and car fuel benefit (P11D WS2) PAYE: mileage allowance and passenger payments (P11D WS6) PAYE: relocation costs (P11D WS5) PAYE: interest free and low interest loans (P11D WS4) Statutory Paternity Pay: manually calculate your employee’s payments Statutory Paternity Pay: manually calculate your employee’s payments Statutory Maternity Pay: manually calculate your employee's payments Statutory Adoption Pay: manually calculate your employee's payments Statutory Sick Pay: manually calculate your employee’s payments
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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