Policy News Journal - 2011-2012

HMRC WILL ACCEPT PAYROLLED BENEFIT DETAILS ON A CD

1 June 2011 Following representations by software developers, HMRC have been exploring the feasibility of accepting P11D details, where the benefits have been payrolled, in the form of a spreadsheet on a CD. HMRC has set up a process to facilitate this and would appreciate it if this is strictly adhered to in order to help make this trial process work. The trial will be evaluated fully later in the year. In the meantime if you have any concerns or queries, please email them to policy@cipp.org.uk and we will pass on to the Software Developers Support Team. Follow this link to view the instructions 1 March 2012 In May 2011 HMRC advised that following representations from stakeholders, they agreed to trial a process giving employers the option to file P11D details for payrolled benefits in the form of a spreadsheet on a CD. The results of this trial process have been evaluated. The take up of this process was low. In view of this, plus the cost to implement and the potential security issues surrounding the processing and storage of CDs, HMRC have decided to end the trial and cease to offer this option of filing P11Ds. HMRC thank those who participated in the trial but this method should no longer be used to submit P11D details for benefits that have been payrolled. Any CD containing P11D information received by HMRC after the date of this note will, for security reasons, be destroyed upon receipt and the employer notified to enable them to submit their P11D information using one of the agreed filing methods. Further information on the methods available for submitting payrolled benefit information can be found in the expenses and benefits section on the HMRC website at http://www.hmrc.gov.uk/paye/exb/overview/basics.htm HMRC WILL NO LONGER ACCEPT PAYROLLED BENEFIT DETAILS ON A CD

Professional Fees

PROFESSIONAL FEES AND SUBSCRIPTIONS LIST UPDATED

11 November 2011 Deduction for fees and subscriptions paid to professional bodies or learned societies This list has been updated to include the titles of those professional bodies that have been approved under Section 344 ITEPA 2003 up to 31 October 2011. The list shows: professional bodies and learned societies, approved by HM Revenue & Customs for the purposes of Section 344 ITEPA 2003 (formerly S201 ICTA 1988). details of statutory fees or contributions allowable for years 2003-04 onwards are within S343 ITEPA 2003 (for earlier years S201(2) ICTA 1988).

CIPP Policy News Journal

09/10/2012, Page 79 of 234

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