Policy News Journal - 2017-18

490: Employee travel - a tax and National Insurance contributions guide

P9X(2018) - Tax codes to use from 6 April 2018

CA38: National Insurance contributions tables A, H, J, M and Z

There are still a number of guides yet to be updated and we will publish these as and when they are issued by GOV.UK.

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Save As You Earn (SAYE) savings holiday extension delayed 13 March 2018

The latest employment related securities bulletin explains that the implementation date of the extension to the SAYE savings holiday for employees on qualifying parental leave will no longer be 6 April 2018. The change will now take effect on 1 September 2018 and will apply for all SAYE plans. SAYE savings holiday Autumn Statement 2017 announced an extension to the SAYE savings holiday for employees on qualifying parental leave from 6 months to 12 months. This was due to take effect from 6 April 2018. After receiving representations from the share plan industry, the government is delaying implementation of the extended SAYE savings holiday. This is to provide plan providers and administrators with time to make and test system changes.

The government has also announced that the SAYE savings holiday will now be extended to 12 months for all SAYE plans, not just those with qualifying parental leave. This change will take effect on 1 September 2018.

HMRC will update the SAYE prospectus and guidance in the Employee Tax Advantaged Share Scheme User Manual (ETASSUM) to reflect these changes.

The employment related securities bulletin is published by HMRC and provides information and updates as and when necessary on developments relating to employment related securities, including tax advantaged employee share schemes.

The latest employment related securities bulletin (no.26) also contains articles on:

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ERS online data common issues

top things to remember

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Further employer guides on GOV.UK updated for new tax year 14 March 2018

The CA42, CA44, SL3 and the taxable pay tables manual method have all been updated to reflect information for the 2018-19 tax year.

CA44: National Insurance for company directors

Taxable pay tables: manual method

CA42: Foreign-going mariners and deep-sea fishermen

SL3: Student loan deduction tables

The Chartered Institute of Payroll Professionals

Policy News Journal

cipp.org.uk

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