Labour Market statistics: January 2021 ............................................................................................................309 New job finding service established to help 160,000 people ............................................................................310 £95,000 cap on public sector redundancy payments revoked ..........................................................................310 The importance of downloading and taking action on BACS messaging reports..............................................311 Boris Johnson urged to tackle the increasing disability gap..............................................................................312 Holiday Pay ..........................................................................................................................................................312 The effect of COVID-19 on holiday entitlement and pay...................................................................................312 Modern Working Practices (Good Work Plan) ..................................................................................................316 Expenses, Benefits & Reward........................................................................ 316 Childcare..............................................................................................................................................................316 Company Cars .....................................................................................................................................................316 P46 (car) form for tax year 2020-21 published .................................................................................................316 Advisory Fuel Rates .........................................................................................................................................317 Calculating Advisory fuel rates .........................................................................................................................317 Certain modified crew-cab vehicles are now classified as cars ........................................................................318 Advisory Fuel Rates for company cars from 1 September 2020.......................................................................319 Advisory Fuel rates for company cars from 1 December 2020 .........................................................................319 Van benefit charge and fuel benefit charges for cars and vans 2021-22..........................................................320 Advisory fuel rates for company cars from 1 March 2021.................................................................................320 Company car appropriate percentages for 2021-22 .........................................................................................321 General Expenses, Benefits & Reward News ...................................................................................................322 Approved professional organisations and learned societies (list 3) ..................................................................322 The CIPP’s OpRA factsheet is now available ...................................................................................................322 Temporary tax and National Insurance exemption for coronavirus-related reimbursed home office expenses323 Temporary exemption to Income tax and NICs due on home office equipment due to COVID19 measures ...323 Approved professional organisations and learned societies (list 3) ..................................................................324 Updates to guidance on the treatment of expenses provided to employees during COVID-19 ........................324 Approved professional organisations and learned societies (list 3) ..................................................................325 Tax treatment of COVID-19 tests and Personal Protective Equipment ............................................................325 U-turn on tax treatment of coronavirus (COVID-19) tests .................................................................................326 Policy paper and draft legislation produced in relation to Income Tax changes to the van benefit charge .......326 HMRC webinar: expenses and benefits for employers – phones, internet, and homeworking .........................327 Guidance on expenses and benefits for apprenticeship bursaries for care leavers..........................................327 Approved professional organisations and learned societies (list 3) ..................................................................328 HMRC confirms that it has received over 50,000 tax relief claims from those working from home...................328 HMRC webinars: business expenses ...............................................................................................................329 New Quick Poll: The homeworking allowance ..................................................................................................329 PSA deadline approaches ................................................................................................................................330 Christmas events in 2020 – tax and NI exemption ...........................................................................................330 Volunteers needed - do you report PAYE Online for P11D, P11D(b) and P46(car) .........................................331 HMRC webinars: Self-employed expenses ......................................................................................................331 Approved professional organisations and learned societies (list 3) ..................................................................332 Employment Income Manual updated for Cycle to Work Schemes in consideration of COVID-19...................332 Approved professional organisations and learned societies (list 3) ..................................................................333 Tax treatment of COVID-19 tests .....................................................................................................................333 Approved professional organisations and learned societies (list 3) ..................................................................334 Update to list 3 guidance ..................................................................................................................................334 Claim tax relief for working from home .............................................................................................................335 Approved professional organisations and learned societies (list 3) ..................................................................336 Draft forms P11D and P11D Working Sheets...................................................................................................336 Temporary tax and NI exemption for home office expenses extended.............................................................337 Non-taxable payments and benefits – guidance update...................................................................................337 Informally payrolling benefits no longer an option for tax year 2021-22 onwards .............................................338 Clarification on paying for, or refunding, transport costs for employees travelling from home to their workplace, due to coronavirus ............................................................................................................................................338 Approved professional organisations and learned societies (list 3) ...................... Error! Bookmark not defined. Government News........................................................................................... 340 Budget ..................................................................................................................................................................340 Rishi Sunak unveils Winter Economy Plan .......................................................................................................340 The government announces the cancellation of the Autumn Budget................................................................341 Winter Economy Statement - webcast..............................................................................................................342 Budget to be held in March 2021......................................................................................................................342
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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