Policy News Journal - 2013-14

Update to real time information expat FAQs ................................................................... 272 BDO Expatriate Tax Newsletter ...................................................................................... 272 Uruguay and UK Tax Information Exchange Agreement................................................. 272 UK and Isle of Man sign agreement to improve international tax compliance.................. 272 Guernsey and Jersey: Tax Information Exchange Agreements (TIEAs).......................... 273 Composite payment scheme process ............................................................................. 273 RDR1 - Residence, domicile and the remittance basis ................................................... 273 UK signs automatic tax information sharing agreement with Cayman Islands................. 274 Agents acting for inbound expats.................................................................................... 274 UK signs Agreement for Automatic Information Exchange with Gibraltar ........................ 275 SEPA'S impact on payrolls ............................................................................................. 276 UK signs agreements for Automatic Information Exchange with Overseas Territories .... 276 EU extends new SEPA bank payment system deadline by 6 months ............................. 277 Joint Expatriate Forum on tax and NICs ......................................................................... 277 UK/Zambia Double Taxation Agreement......................................................................... 277 EP Appendix 5................................................................................................................ 278 Tax Residence Indicator updated ................................................................................... 278 PAYE for employers - reminder for employers operating Appendix 6 arrangements ....... 279 64-8 helpcard.................................................................................................................. 279 Finance Bill ....................................................................................................................... 279 FINANCE ACT 2013....................................................................................................... 280 THE FINANCE BILL RECEIVES ROYAL ASSENT......................................................... 280 Draft tax legislation published in Finance Bill 2014 ......................................................... 280 Finance Bill 2014 brings in new tax changes .................................................................. 281 General PAYE News ......................................................................................................... 282 THE SINGLE INCOME TAX REPORT FROM THE 2020 TAX COMMISSION ............... 282 PAYE – LET US TAKE A LOOK BACK TO 1944............................................................ 283 HMRC PAYMENT BOOKLET ISSUE FOR 2013-14 ....................................................... 283 TOOLKITS AIMED AT REDUCING COMMON ERRORS............................................... 284 P46 (SHORT) UPDATED ............................................................................................... 284 ACTIONS TO TAKE IF AN EMPLOYEE HAS LEFT AND YOU HAVEN’T YET SUBMITTED A P45 FOR 2012-13.................................................................................. 285 CHANGE TO EMPLOYER HELPLINE NUMBERS AT HMRC........................................ 285 MAKING PAYMENTS TO HMRC – USE THE CORRECT REFERENCE ....................... 285 HMRC EMPLOYER BULLETIN 44 ................................................................................. 286 PAYSLIP BOOKLETS POSTED LATE IS NO EXCUSE FOR LATE PAYMENT ............. 286 TICK TOCK - 19 MAY APPROACHES ........................................................................... 287 JOINT INITIATIVE ON HMRC SERVICE DELIVERY - MAY 2013 UPDATE................... 287 P35 INTERIM PENALTY LETTERS ............................................................................... 288 HMRC PROVIDE TIMELY REMINDER ABOUT THE IMPORTANCE OF PAYING ON TIME............................................................................................................................... 289 THE IMPORTANCE OF THE 19 JUNE 2013 TO HMRC ................................................ 290 MARRIED COUPLES TO BE OFFERED TAX BREAKS BEFORE THE NEXT ELECTION ..................................................................................................................... 290 HMRC'S PAYE DESKTOP VIEWER .............................................................................. 290 HMRC FIX IN PLACE ANNUAL PAYROLL SCHEME REQUESTS ................................ 290 PAYE FOR EMPLOYERS - 'WEEK 53' PAYMENTS AND POTENTIAL EMPLOYEE TAX UNDERPAYMENTS ............................................................................................... 291 CHANGES TO PAYE MANUAL GUIDANCE ESC A19................................................... 291 LIBDEM TAXATION POLICY ......................................................................................... 291 HMRC Employer Bulletin - Issue 45................................................................................ 292 Automatic cancellation of an employer PAYE scheme.................................................... 293 Transferable personal tax allowance for married couples and civil partners.................... 294 New PAYE messages to employers from HMRC............................................................ 294 New PAYE messages to employers from HMRC - revised message .............................. 296 Unused PAYE schemes to close .................................................................................... 298 PAYE Desktop Viewer (PDV) - required update for all users .......................................... 298 Wales to be offered tax raising powers ........................................................................... 299 Nick Clegg pushes for £10,500 personal allowance from 2015....................................... 299

CIPP Policy News Journal

16/04/2014, Page 12 of 519

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