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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