The Chartered Institute of Payroll Professionals
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The accommodation offset has also increased, as follows:
Daily accommodation offset rate
Weekly accommodation offset rate
£8.36
£58.52
April 2021 (current rate)
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Employer Bulletin 89: April 2021 16 April 2021
HMRC has published the latest edition of the Employer Bulletin for April 2021.
This issue is absolutely jam packed full of news, and includes details relating to:
COVID-19 updates and information
• • • • • • •
UK transition
Consultation calls and responses
PAYE
Changes to guidance
Information for employees Updates and information
• Getting more information and sending feedback
A couple of the articles have been expanded on within this News Online piece, but payroll professionals are advised to read the Employer Bulletin in full where possible to ensure that they are up to date with all of the latest news that may impact their work.
New one-off £500 payment to support working households in receipt of tax credits
Employees who are in receipt of Tax Credits may be eligible for a one-off payment of £500, which is being offered to help households through the outbreak of coronavirus.
This payment is being made available in recognition of the fact that the temporary increase in Working Tax Credit of £1,045 per year, introduced at the beginning of the pandemic, ended as intended on 5 April 2021.
Employers are persuaded to inform their employees of this payment, as it is hoped that this will help to protect them from scams and prepare them for the changes to their regular Tax Credits payments.
The payment will be made automatically by no later than 23 April 2021, and claimants will be contacted by text message or letter to confirm that they will receive the payment. Employees are not required to contact HMRC or apply for the payment. Employees could potentially be eligible if, on 2 March 2021, they were receiving either Working Tax Credit, or Child Tax Credit and if they were eligible for Working Tax Credit but their income was too high to get Working Tax Credit payments. The one-off payment will not impact any other benefits, for example, Housing Benefit or Universal Credit, and individuals are not required to pay Income Tax or National Insurance (NI) on the amount of the payment. Nor do they have to declare it as income for Self-Assessment tax returns should they need to complete them.
Changes to amending PAYE Pay Settlement Agreements for coronavirus items
If employers have extra items to add to a PAYE Pay Settlement Agreement (PSA) then HMRC issue a new P626.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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