The Employer NICs Holiday End of Year Return (form E92) and supporting forms E89 (or equivalent) for each qualifying employee should be submitted by all employers who were entitled to withhold Class 1 NICs under this scheme during the 2012-13 tax year, including any employers who operated PAYE in real time. The forms need to be returned in the envelope provided by 19 May 2013. If you do not have sufficient form(s) E89 (and cannot photocopy them) you can record and print employee E89 information using the online interactive NICs holiday recording form which can be accessed from HMRC website. For employers who operated PAYE in real time during the 2012-13 tax year, there is no requirement to submit an Employer Annual Return (P35 & P14s). Instead their final Employer Payment Summary (EPS) for the year needs to reflect the total amount of employer NICs that the employer was entitled to withhold as shown on form E92 and supporting form(s) E89. For all other employers, HMRC recommends that the Employer NICs Holiday End of Year Return (form E92 and E89s) is completed at the same time as the Employer Annual Return (P35 & P14s) to avoid any discrepancies. The holiday scheme ends on 5 September 2013 and employer NICs due on earnings paid after this date cannot be withheld, no matter when a business started trading. An insert is being enclosed with every return to highlight the importance of this date.
End of the Regional Employer NICs Holiday for New Businesses scheme
9 September 2013
A reminder to employers that this holiday scheme ended on 5 September 2013.
The Regional Employer NICs Holiday for New Businesses scheme ended on 5 September.
Employer NICs due on earnings paid after this date cannot be withheld, no matter when a business started trading.
National Minimum Wage (NMW)
LOW PAY COMMISSION (LPC) TRIENNIAL REVIEW: MARCH 2013
29 March 2013
The Department of Business Innovation & Skills has published findings from the 2012 to 2013 triennial review of the Low Pay Commission (LPC).
The Triennial review of the Low Pay Commission describes the purpose of triennial reviews, which is a Cabinet office mandated process that looks to review:
the function of Non-Departmental Public Bodies (NDPBs) the appropriateness of the bodies’ delivery mechanisms their governance arrangements
If you are interested in reading the conclusions drawn and subsequent recommendations made from this review the report can be accessed in full at GOV.UK .
CIPP Policy News Journal
16/04/2014, Page 243 of 519
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