CIPP Payroll: need to know - 2023-24

The Chartered Institute of Payroll Professionals

News On Line

Keep an eye out for our reporting on the next edition due on 14 June 2023.

Back to contents

Employer Bulletin – June 2023 Published: 14 June 2023 Emailed: 14 June 2023

The June 2023 release of HM Revenue and Customs’ (HMRC’s) employer bulletin is out and contains a number of useful reminders for, you guessed it, employers.

The months newsletter contains:

PAYE • a reminder of the reference numbers needed on early or late payments to HMRC, allowing them to allocate the payment correctly • P11D guidance to correctly report diesel cars on the working sheet for car and fuel benefit • further P11D guidance for filing and payment deadlines • notice that HMRC identified and issue with the company car tax calculator. If you used the calculator between 6 April and 14 April 2023 you may need to check your calculations • National Minimum Wage (NMW) common issues, including differentiating between someone on work experience and an intern • the PAYE settlement agreement (PSA) deadline is approaching, 5 July 2023 • direct debit update • online employer services have been launched, where calls to HMRC could be resolved using online tools you may instead be sent a text message directing you to the service rather than speaking to an advisor. increase to the apprenticeships care leavers’ bursary • occupation specific guidance for locum pharmacists will be removed from the employment status manual and the check employment status for tax (CEST) tool will also be updated. If you have made a status determination based solely off the written contract you should re-examine the determination • a reminder that the self assessment threshold has been increased from £100,000 to £150,000 for the 2023/24 tax year • employment related securities return deadlines and further information • preparing for the new tax year basis for income tax self assessment. Tax and updates to guidance •

General information •

making Child Benefit claims quicker and easier for new parents • how the National Cyber Security Centre helps businesses tackle cyber crime risks • National Insurance numbers can now be saved to the Apple Wallet • Tax Administration Framework Review – calls for evidence and information published.

With lots to dive into, make sure you check out the full bulletin if anything in this list is relevant to you.

Back to contents

Agent Update – June 2023 Published: 16 June 2023 Emailed: 21 June 2023

June’s agent update from HM Revenue and Customs (HMRC) brings some updates for employers and agents. This month there is information in the following areas:

Tax

cipp.org.uk

Page 151 of 314

Made with FlippingBook - Online magazine maker