Policy News Journal - 2013-14

Pension Scheme members – new Checking Tool

Pension Statements and the Annual Allowance Checking Tool

A new tool has been released so that pension scheme members can check whether they need to calculate an annual allowance tax liability and complete a Self Assessment tax return.

HMRC stakeholder update - number 40

18 October 2013

HMRC has circulated their fortieth weekly update for 2013 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders.

Postponed IT upgrade will take place this weekend (Friday 18 th October from 8pm)

HM Revenue & Customs (HMRC) online services: maintenance work to go ahead this weekend

The postponed IT upgrade will take place this weekend and to lessen the impact on you and your business we are reducing to an absolute minimum the time necessary to make the changes.

Pay As You Earn (PAYE)

Pay PAYE Settlement Agreements

Make sure you pay 2012-13 PAYE Settlement Agreement payments of tax and Class 1B NICs by the deadline or you may get a late payment penalty. When paying use the reference number on your PSA payslip beginning with 'X', not your Accounts Office reference.

The National Insurance Contributions (NICs) Employment Allowance

Up to £2,000 off Employer Class 1 NICs each year from 6 April 2014

Chancellor's Autumn Statement 4 December 2013

The Autumn Statement 2013 will be made by the Chancellor of the Exchequer, George Osborne on Wednesday 4 December.

Qualifying Recognised Overseas Pension Scheme – amended forms

New QROPS forms APSS 251 and APSS 253

These forms have been amended as a result of Statutory Instrument 2259 and should be used from 14 October 2013.

HMRC stakeholder update - number 41

28 October 2013

HMRC has circulated their forty-first weekly update for 2013 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders.

CIPP Policy News Journal

16/04/2014, Page 202 of 519

Made with FlippingBook - Online magazine maker