As coronavirus has resulted in a significant increase to the number of employees who are working from home, the CIPP’s Policy and research team want to explore whether individuals are receiving the homeworking allowance, and if they are, the way in which this is being administered. The team has added a new question to the CIPP’s News Online page and would be very interested in hearing from you. We realise that payroll professionals are extremely busy at this point in time, particularly given recent Government announcements regarding new measures, but the Quick Poll will take less than a minute to complete, and is your opportunity to feed into research relating to payroll and policies that are currently in place.
The question asks: “how have you benefitted from the homeworking allowance?”
In addition to assessing how many individuals are actually benefitting from the allowance, we also want to gauge how this is being provided, so are employers administering this for their staff, or are people claiming the relief themselves, either at year end, or via the online portal at Gov.UK?
Don’t miss the opportunity to have your say, and respond to the Quick Poll today!
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PSA deadline approaches 21 October 2020
PAYE Settlement Agreements (PSA) allow employers to make one annual payment in relation to the tax and National Insurance (NI) due on minor, irregular or impracticable expenses or benefits that have been provided to employees.
Anyone who has used a PSA for tax year 2019-20 must ensure that they make this payment by 22 October 2020 if they are paying electronically, to ensure that they don’t have to pay any penalties or interest.
Employers who have a PSA for certain items will not be required to:
• Process them via payroll to calculate tax and NI • Include them in end-of-year P11D forms • Pay Class 1A NI on them at the end of the tax year, as Class 1B NI is paid as part of the PSA instead
Some employee expenses are covered by exemptions, which replace dispensations, and will not be need to be included in any end-of-year reports.
There are several ways in which to pay:
Same or next day •
Online or telephone banking
CHAPS
• • •
By debit or corporate credit card online
At bank or building society
3 working days or more • BACS • Direct debit •
By cheque through the post
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Christmas events in 2020 – tax and NI exemption 26 October 2020
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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