send HMRC an EPS by 19 April 2014 complete the 'No payment dates' or 'Period of inactivity' fields to show that they won't be sending an FPS for tax months 11 and 12.
Guidance for employers in respect of end of year tasks can be found here: PAYE final submission for the year and end-of-year tasks
There is also a short 'step-by-step' flowchart for employers to use: Making your final submission of the year - flowchart
Along with an 'at-a-glance' guide: Making your final submission of the year - 'at-a-glance' guide
Mortgage lending rules changes
3 April 2014
Lenders will need to confirm an individual's earnings, however the payslip will continue to be sufficient evidence.
As you may be aware the way in which mortgages will be offered and approved is changing. One of the criteria was that of lenders needing to confirm an individual’s earnings. We offer our thanks to the Council of Mortgage Lenders, who have confirmed to the CIPP that the current “normal” procedure of requesting payslips and or P60s etc. will not change. Whilst as now we receive some formal requests for confirmation of earnings, this is not expected to increase due to the changes, but instead individuals will be asked to supply formal evidence i.e. payslips.
CIPP response to HM Treasury’s consultation on cheque imaging
8 April 2014
The CIPP policy team has submitted a formal response to HM Treasury’s consultation on cheque imaging.
The policy team would like to thank everyone who responded, including members of the AAT.
Those who responded warmly welcomed the proposal to legislate to protect the right of customers to continue presenting paper cheques at bank branches, however the proposals to introduce cheque imaging through smartphone technology were more muted. This is likely to be because information is very vague, meaning members were unsure whether there will be any benefits or additional costs brought about by the new technology.
Our consultation response is available to download through the link below.
CIPP response to HM Treasury's consultation on cheque imaging
PAYE: What to do if your employee asks why they don't have a new tax code
3 April 2014
HMRC hasn't issued some notices of coding to your employees for 2014 to 2015 - find out why and what to do if you get queries.
CIPP Policy News Journal
16/04/2014, Page 313 of 519
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