The Chartered Institute of Payroll Professionals
News On Line
The news release is available online.
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Do your employees have a Post Office card account? 05 October 2021
From 1 December 2021, HMRC will stop making payments of Child Benefit, Guardian’s Allowance, and tax credits into Post Office card accounts therefore, HMRC is urging those who claim these benefits to update HMRC with their new bank account details by 30 November 2021.
How can you help?
Although claims of this kind aren’t dealt with by payroll teams, communicatin g this change to employees is something that you could be involved in.
Customers of the service have been advised that if they already have an alternative bank account, they can contact HMRC now to update their details. If they do not have an alternative, they should set up a new bank, building society or credit union account to receive their money. If employees have a personal tax account, they can use this to provide revised account details. Alternatively, Child Benefit customers can change their bank account details via GOV.UK or by contacting the Child Benefit helpline on 0300 200 3100, whilst Tax credits customers can change their bank account details by contacting the tax credits helpline on 0345 300 3900. If an employee cannot open a bank account, they should contact HMRC.
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HMRC Live Webinars – National Minimum Wage 08 October 2021
HMRC will deliver three free webinars on National Minimum Wage (NMW) in a continuation of its programme to support employers with complex areas. These live webinars give employers the opportunity to ask questions throughout. NMW calculations can be an easily misunderstood area and can create a risk of underpaying employees. HMRC will cover the elements of pay that cause the most confusion for employers. You can register for the sessions here.
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HMRC issues guidance to reduce risk of using umbrella companies engaging in tax avoidance 12 October 2021
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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