Policy News Journal - 2013-14

31 March 2014

HMRC has circulated their twelfth weekly update for 2014 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders. Statutory Payment Guidance: Move to GOV.UK Detailed guidance on Statutory Payments has now been added to the GOV.UK website to support the mainstream Statutory Payments Guidance . This includes guidance that was previously contained in the Statutory Payments Employer Helpbooks and means those Helpbooks will no longer be available from the 2014-2015 tax year. From 3 April 2014 the Statutory Payments online guidance will only be available on the GOV.UK website. Further information on the transition of HMRC guidance to GOV.UK will be available in the April edition of the Employer Bulletin. Annual PAYE Payments We have recently issued letters to employers who are due to make their one off annual PAYE payment , encouraging them to pay electronically. Offshore Employment Intermediaries New Tax and National Insurance rules for Offshore Employment Intermediaries come into force from 6 April 2014. HMRC has published guidance about the changes. Unpaid Class 2 National Insurance contributions will be collected from PAYE tax codes from 2014 Class 2 National Insurance contribution debts can be collected through PAYE code from April 2014 or passed to a private debt collection agency for recovery. Budget changes that may affect your Company Tax Return Find out if the changes to Corporation Tax reliefs, rates and allowances may affect submission of your Company Tax Return online.

HMRC stakeholder update - number 13

7 April 2014

HMRC has circulated their thirteenth weekly update for 2014 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders. Business Tax Dashboard this weekend Due to HMRC’s scheduled April IT release, there will be a short delay before the PAYE information that customers send in real time is reflected on the Dashboard.

We will update the Dashboard early on the morning of Friday 4 April, with the next update then being on Monday 7 April.

Please also note that the Dashboard will not be available to view between 8am on Saturday, 5 April and 6.30am on Monday, 7 April.

National Insurance contributions (NICs) Employment Allowance Up to £2,000 off your employer Class 1 NICs from 6 April 2014. HMRC has now published the Employment Allowance arrangements and additional guidance on eligibility (including connected businesses and charities).

PAYE: What to do if your employee asks why they don't have a new tax code

CIPP Policy News Journal

16/04/2014, Page 219 of 519

Made with FlippingBook - Online magazine maker