circumstances would have been 31 January 2020 for those submitting online, but it was extended due to COVID-19 in order to provide financial support for a wider pool of people.
Individuals can claim if they are self-employed or a member of a partnership, and they:
• Have submitted their self-assessment tax return for the tax year 2018 to 2019 (by 23 April 2020) • Traded in the tax year 2019 to 2020 • Are trading when they apply, or would be if it weren’t for coronavirus • Intend to continue to trade in the tax year 2020 to 2021 • Have lost trading profits due to coronavirus
Anybody making a claim through the scheme will need to confirm with HMRC that their business has been negatively impacted by coronavirus. HMRC will apply a risk-based approach to compliance.
Trading profits must not exceed £500,00 and must be more than half of an individual’s total income for either tax year 2018-19, or the average of tax years 2016-17, 2017-18 and 2018-19.
Find more information about the Self-employed Income Support Scheme here.
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HMRC publishes updated 575(T) form 30 April 2020
HMRC has published the updated 575(T) form and associated notes for use from April 2020. Individuals should use this form to notify HMRC when they want to transfer unused Married Couple’s Allowance or Blind Person’s Allowance to their spouse or civil partner.
Individuals can either use the online form service or complete the form on-screen, print it off and post it to HMRC.
To use the online service, individuals will need a Government Gateway user ID and password. If they do not have a user ID, they can create this when using the service.
If individuals use the online form, they will receive a reference number to track the progress of that form. To complete the form, they will need:
The date of marriage or civil partnership
•
• Their spouse or civil partner’s HMRC reference (this can be located on any letter or form their spouse / civil partner has had from their HMRC office) • Their spouse or civil partner’s National Insurance number (this can be located on their spouse or civil partner’s payslip, P60 or tax return) • Details of their income and deductions for this tax year • Details of the allowances they want to claim for this tax year
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Employer-provided living accommodation – removal of concession for “Representative Occupiers” 4 May 2020
In the latest edition of the Employer Bulletin, for April 2020, HMRC confirmed that, from 6 April 2021, changes to extra statutory concessions (ESC) for individuals provided with living accommodation as “representative occupiers” are due to take effect.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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