Finance Act 2011 THE FINANCE ACT 2011 IS NOW LAW
27 July 2011 The Finance Act 2011 has now received Royal Assent and therefore came into force on 19 July
Self Assessment
UPDATE ON P46(EXPAT) 0T/BR
11 May 2011 At the February meeting of the Expats Forum, HMRC advised that the emergency code, rather than code 0T, would continue to apply for expatriate employees for whom P46(Expat) is appropriate, where: the employee does not provide Parts 2 and 3 of Form P45; the employee does not complete and sign form P46; or the employee does not provide the employer with the information required by form P46 by an alternative method. This was based on their understanding at the time of the effect that the amendments to the Income Tax (PAYE) Regulations 2011 would have. These amendments were laid on 11 March 2011and they make clear that Code 0T will apply where form P46(Expat) is not completed and signed by the expatriate employee or the relevant information is not supplied by other means to the employer by the expatriate employee. In a situation where an expat employee is entitled to personal allowances and are given a 0T code, HMRC will reinstate those allowances as soon as they receive the P46(Expat). If there any problems in providing the P46(Expat), PTI Manchester will endeavour to get the code
amended by telephone. EXPATS SA RETURNS
6 July 2011 As part of the Expats Forum, HMRC have developed an informal process for preventing assignees that have left the UK from having to complete a Self Assessment return and
potentially attracting penalties from 31 October. Follow this link for further details about this process.
EXPATS SA RETURNS
13 July 2011 Last week we published a note setting out HMRC’s process for preventing assignees who have left the UK from having to complete a SA return and potentially attracting penalties from 31 October. HMRC have revised this note to make it clearer what information HMRC require in such cases. Follow this link for updated details about this process.
CIPP Policy News Journal
09/10/2012, Page 195 of 234
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