Policy Bi-Monthly Newsletter - September 2016

The Chartered Institute of Payroll Professionals

Policy Bi-Monthly Newsletter – September 2016

New services available through Personal Tax Accounts .................................................................................... 39 Government Gateway Transition and Transformation........................................................................................ 39 Bank of England cuts Bank Rate to 0.25%......................................................................................................... 41 Making Tax Digital consultations published........................................................................................................ 40 Employer Bulletin: August 2016 ......................................................................................................................... 41 Faster, easier tax repayments via Personal Tax Accounts................................................................................. 42 Request to opt out of receiving your PAYE annual tax summary .......................................................................42 Tackling the hidden economy............................................................................................................................. 43 Telephone scams ............................................................................................................................................... 43 Telephone scam................................................................................................................................................. 44 Making Tax Digital for Business: Consultation events........................................................................................ 44 HMRC ‘Building Our Future’ ............................................................................................................................... 45 HMRC launch Worldwide Disclosure Facility ..................................................................................................... 45 HMRC timetable to replace PAYE EDI channel ................................................................................................. 46 Tax fraudster ordered to pay up or face jail ........................................................................................................ 46 Government Gateway migration project ............................................................................................................. 47 National Minimum Wage (NMW)....................................................................... 48 NMW guidance and enforcement – did you know? ............................................................................................ 48 £1m in back pay for non-payment of National Minimum Wage ..........................................................................49 Largest ever list of National Minimum Wage offenders published ...................................................................... 50 PAYE (Pay As You Earn)................................................................................... 51 CIPP Survey - Off-payroll working in the public sector - reform of the intermediaries legislation .......................51 The Continuity of Employment Test ................................................................................................................... 51 Appealing a penalty – what may count as reasonable? ..................................................................................... 52 Employment Intermediaries – are you reporting or running the risk of penalties? .............................................. 53 CWG2(2016) Employer Further Guide to PAYE and NICs................................................................................. 53 PAYE tax table specifications for Scottish Rate of Income Tax.......................................................................... 54 Treatment of income from sporting testimonials................................................................................................. 54 Simplification of the tax and National Insurance treatment of termination payments .........................................55 Consultation on non-dom reforms ...................................................................................................................... 55 New employee coming to work from abroad ...................................................................................................... 56 Notice of transfer of surplus Income Tax allowances (575(T)) ........................................................................... 56 Benchmark Scale Rates for inward assignees ................................................................................................... 56 CIPP response to consultation on off-payroll working in the public sector .........................................................58 National Insurance numbers with prefix KC ....................................................................................................... 60 Statutory sick pay when an employee is in legal custody................................................................................... 61 RTI challenges faced by micro-employers ......................................................................................................... 62 Pensions............................................................................................................. 63 Automatic Enrolment ............................................................................................................................................ 63 High compliance rates underpin success of automatic enrolment...................................................................... 63 The Pensions Regulator update ......................................................................................................................... 64 Automatic enrolment hits 200,000 employer landmark....................................................................................... 65 Automatic enrolment: Don’t let your clients’ holiday plans risk a fine ................................................................. 65 Re-enrolment guidance for employers revamped .............................................................................................. 65 Would you like The Pensions Regulator to speak at an event? ......................................................................... 66 Revised guidance on choosing a pension scheme ............................................................................................ 66 Pensions Regulator hosts free business adviser events .................................................................................... 67 Extended refresher webinar - plus LinkedIn Q&A .............................................................................................. 67 Automatic enrolment: Postponement and seasonal workers.............................................................................. 67 General Pensions News ....................................................................................................................................... 68 Local government pension scheme changes ..................................................................................................... 68 Pension schemes newsletter 80......................................................................................................................... 68 NISPI Countdown Bulletin - August 2016........................................................................................................... 68 Widespread support for development of Retirement Quality Mark .....................................................................69 Pensions Industry Stakeholder Forum minutes .................................................................................................. 70 Consultation on introducing a Pensions Advice Allowance ................................................................................ 70 New ‘trace a lost pension’ tool launched ............................................................................................................ 71 Pensions Dashboard prototype to be ready by spring 2017............................................................................... 71 Pensions industry sets out top 5 priorities for new Under Secretary .................................................................. 72 Tax Agents and Advisers.................................................................................. 73 Tax Agent Toolkits - are you using them? .......................................................................................................... 73 Agent update 55 ................................................................................................................................................. 73 Tax Agents: Communicating in a digital age ...................................................................................................... 74 Talking Points – Agent digital meetings.............................................................................................................. 74

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