Commutation where pension payments have already started; and Commutation payment where pension payments haven’t started.
See section 2.2.5 CWG2: Further guide to PAYE and National Insurance contributions
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Technical consultation on PAYE Regulations 15 November 2017
A technical consultation has been published which seeks comments (over the next 2 weeks) on draft PAYE Regulations in respect of Car Data Reporting Requirements and Reporting Taxable Amounts due under Optional Remuneration Arrangements. For those of you who voluntarily payroll company cars as a Benefit in Kind (BiK), you will from April 2018 have to payroll your car data. It will be mandatory from this time to submit your car data information on your FPS (Full Payment Submission).
This only applies to those who have chosen to voluntarily payroll company cars as a BiK; it does not apply to all employers who provide company cars – you can continue to process in the normal way via P11D and P46 (Car).
Changes are required to the Pay As You Earn (PAYE) Regulations 2003 from April 2018 as a consequence of policy measures relating to Voluntary Payrolling and Optional Remuneration Arrangements originally announced at Budget 2014 and Autumn Statement 2016 respectively.
The consultation on the changes to legislation is only open for comments until 28 November 2017 . With such a short window the CIPP Policy team would ask that individuals wishing to provide feedback do so either:
directly via email to HMRC’s PAYE Policy ; or to us at CIPP Policy where we will collate responses and submit on your behalf.
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New report on unfair redundancies and new mothers 17 November 2017
Maternity Action launched their report on unfair redundancies for new mothers at an event in Parliament this week
According to Maternity Action they were “pleased to have speakers and statements of support from across the major parties, showing the growing recognition of the need to better protect pregnant women and new mothers in the workplace.”
The report is calling on the Government to act on its commitment to review redundancy protection for women during pregnancy, maternity leave and their return to work.
In advance of the General Election last June, Maternity Action produced a manifesto which outlined their top ten policy calls. This included asking for:
a legal extension to redundancy protection for pregnant women and new mothers, revised guidance for employers conducting health and safety risk assessments for pregnant women and new mothers, better protection for those in precarious forms of employment the removal of employment tribunal fees a right to breastfeed at work an increase to the flat rate of parental pay by 2020
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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