Following confirmation of the rates and bands on 20 February 2018, HMRC has published a new Pension schemes relief at source for Scottish Income Tax newsletter which providers information to help clarify how the mechanisms for providing pension tax relief will operate in respect of Scottish taxpayers. Rates and thresholds for employers 2018 to 2019 The rates and thresholds on GOV.UK have also been updated to reflect the approved proposals to Scottish income tax.
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Bacs Easter processing dates 23 February 2018
With Easter fast approaching, Bacs has highlighted the extra non-processing days during this holiday period.
To ensure your payments are made on time, submit your files as early as possible. Remember, you can submit files up to 30 calendar days in advance of the processing date. If you cannot submit in advance, Bacs recommend early submission on the input day (from 07:00 onwards).
Follow the table below to make sure you don't get caught out by the additional non-processing days.
Payment arrival date
Processing date
Latest submission date
Thursday 29 March
Wednesday 28 March
Tuesday 27 March
Tuesday 3 April
Thursday 29 March
Wednesday 28 March
Wednesday 4 April
Tuesday 3 April
Thursday 29 March
Thursday 5 April
Wednesday 4 April
Tuesday 3 April
Please ensure your software reflects non-processing days. If you do not know how to do this contact your software supplier. For the full list of non-processing days, view the processing calendar produced by Bacs.
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End of year payroll tasks 26 February 2018
With the reporting deadline approaching, now is the time to get up to date with your end of year payroll tasks by joining HMRC’s free live webinar on Thursday 1 March.
Payroll: annual reporting and tasks
Although it’s designed for Basic PAYE Tool users, this interactive webinar is still useful if you use other software. HMRC will cover end of year tasks, the P60 form, your last Full Payment Submission and preparing for the new tax year.
Thursday 1 March – midday to 1pm
Book now
You can ask questions using the on-screen text box.
If you have not joined a webinar (online presentation) before, this guide will tell you what you need to do.
You can also watch our short YouTube videos on 'How to set up your payroll for the new tax year’ and ‘How to send your final PAYE submission for the tax year’ .
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The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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