The Chartered Institute of Payroll Professionals
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From 4 January 2022, Her Majesty’s Revenue and Customs (HMRC) will be pausing most webchat features for 3 months to review the service it is providing. HMRC have found that the webchat works best when used for simple queries and to educate about the digital tools available on GOV.UK. Where it is not helpful is longer queries, such as tax coding issues for PAYE customers, where such queries take 84% longer via webchat compared to a phone call. This Pause will allow HMRC to fully assess and improve the service to help customers in the most effective ways possible. While this is in effect, the following lines will still be available: • Online Services Helpdesk • Self-Assessment • National Clearance Hub • Imports and Exports • Debt Management • Extra Support • Support for pandemic-related activity will continue
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Self-assessment late payment penalties to be waived for one month 6 January 2022
Her Majesty’s Revenue and Customs (HMRC) will allow self -assessment workers time to submit filing and make payment for the 2020-21 tax year without incurring penalties . This is being given to ‘ease the pressure’ on taxpayers and agents whose capacity may have been affected by the pandemic. The deadline to file and pay will remain 31 January 2022, however interest will still be payable from 1 February 2022, it is therefore best to still pay as soon as possible to avoid this. The penalties waived will be for: • anyone who cannot file their return by the 31 January deadline will not receive a late filing penalty if they file online by 28 February • anyone who cannot pay their Self Assessment tax by the 31 January deadline will not receive a late payment penalty if they pay their tax in full, or set up a Time to Pay arrangement, by 1 April As the tax return covers up to 5 April 2021, it is possible that some coronavirus support schemes will be due to be declared. Check to see if there is anything that needs submitting before filing. .
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Normal Minimum Pension Age changes – new information released 18 January 2022
In the Pension Schemes Update 136 , Her Majesty’s Revenue and Customs (HMRC) have provided additional information about the upcoming changes to the Normal Minimum Pension Age (NMPA). Provided the Finance Bill (No.2) 2021 receives royal assent, the NMPA will rise from 55 to 57 on 6 April 2028. Members of some uniformed forces, such as firefighters, police and armed forces, will be exempt from the NMPA changes and will retain their previous age of 55 or below. The bill also introduces a protective framework to allow individuals who fit certain criteria to claim their entitlements before the age of 57. Individuals qualify if they are either: • Have an unqualified right to their entitlement on or before 4 November 2021 • In the process of a substantive transfer to a scheme on or before 4 November 2021
The Chartered Institute of Payroll Professionals
Payroll: need to know
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