The Chartered Institute of Payroll Professionals
News On Line
Employers providing medical benefits
Employers who use the payrolling of benefits, or the legacy P11D process, to report medical benefits need to be aware of the fact that the 2020-21 taxable value has changed. Certain medical providers will make refunds to employers if services were not provided as initially specified. The reportable value of the benefit is its cost, with the amount of any refund that related to that year deducted from it, irrespective of when it is received. Employers who are payrolling medical benefits may be required to amend the taxable value using an adjusted Full Payment Submission (FPS) and by reporting the correct value on their P11D(b) submission. Employers utilising the legacy P11D process will need to ensure that they liaise with their medical benefit provider prior to the P11D deadline of 6 July and that they report the correct taxable value on both P11D submissions and on their P11D(b). This will ensure that they are not overtaxed.
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Have your say on the future of the GOV.UK pages 26 May 2021
There is still the opportunity to get involved with improvements to the GOV.UK pages , so don’t delay and take this chance to have your say!
Research is being undertaken to improve the GOV.UK pages and to ensure that the website works efficiently for those people who use and need it.
In order to help, individuals must be aged 18 or over, and live in the EU. There is a note that participants aren’t required to be tech or internet savvy in order to join.
Initially, there will be a short survey to complete which assesses how individuals use computers, and answers provided will ensure that they get invited to research that is relevant to them. Answers will not be shared with anyone else. Once sign up is complete, participants may be asked to:
• •
Trial new online transactions Answer more questions by email
• Talk to researchers about how they have interacted with the government in the past • Visit a government building local to them • Let researchers visit them either at home or at work Those that meet researchers in person may receive a voucher to thank them for their time. Participants can confirm whether they would prefer to meet researchers or get involved in online research when they sign up.
Invitations can always be declined, and individuals are free to unsubscribe at any time.
We would encourage you to get involved with this research, and to influence the future of the GOV.UK pages.
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Advisory fuel rates for company cars from 1 June 2021 27 May 2021
Company car advisory fuel rates that apply from 1 June 2021 have been published.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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