CIPP Payroll: need to know - 2023-24

The Chartered Institute of Payroll Professionals

News On Line

Agent Update: issue 107 .................................................................................................................................. 147 Agent Update: issue 108 .................................................................................................................................. 149 Employer Bulletin – June 2023......................................................................................................................... 151 Agent Update – June 2023............................................................................................................................... 151 Agent Update: issue 110 .................................................................................................................................. 152 Employer Bulletin: August 2023 ....................................................................................................................... 153 Agent Update: August 2023 ............................................................................................................................. 153 Agent update: September 2023 ....................................................................................................................... 154 Updated guidance: Employer Bulletin August 2023 ......................................................................................... 155 Employer Bulletin: October 2023...................................................................................................................... 156 Agent Update: issue 113 .................................................................................................................................. 157 Agent Update: issue 114 .................................................................................................................................. 157 Agent Update 115: December 2023 ................................................................................................................. 158 Agent update: January 2024 – issue 116 ......................................................................................................... 159 Employer Bulletin: February 2024 .................................................................................................................... 160 Agent Update: February 2024 .......................................................................................................................... 161 Tax administration framework review (TAFR) open call for evidence .............................................................. 161 March Agent Update: issue 118 ....................................................................................................................... 162 Employer Bulletin – March 2024 ...................................................................................................................... 163 Expenses and Benefits....................................................................................................................................... 164 Amendment G-forms available for P11D forms ................................................................................................ 164 Approved professional organisations and learned societies (list 3) .................................................................. 164 Approved professional organisations and learned societies (list 3) .................................................................. 165 Approved professional organisations and learned societies (list 3) .................................................................. 166 Approved professional organisations and learned societies (list 3) .................................................................. 167 Approved professional organisations and learned societies (list 3) .................................................................. 167 Approved professional organisations and learned societies (list 3) .................................................................. 168 Approved professional organisations and learned societies (list 3) .................................................................. 168 Approved professional organisations and learned societies (list 3) .................................................................. 169 Approved professional organisations and learned societies (list 3) .................................................................. 170 Government plan to legislate to keep double cab pickup tax treatment ........................................................... 170 Approved professional organisations and learned societies (list 3) .................................................................. 171 Approved professional organisations and learned societies (list 3) .................................................................. 171 Agents to be given ability to register for payrolling ........................................................................................... 172 National Insurance News.................................................................................................................................... 173 New EU Framework Agreement for Social Security ......................................................................................... 173 Deadline for voluntary National Insurance contributions extended to April 2025.............................................. 173 Employment Allowance Statistics..................................................................................................................... 173 HM Revenue and Customs (HMRC) update on the National Insurance contributions (NICs) treatment of relevant motoring expenditure (RME) ........................................................................................................................................... 174 National Insurance contribution (NIC) changes coming into effect from 6 January .......................................... 175 Class 2 National Insurance contributions clarification ...................................................................................... 176 PAYE News .......................................................................................................................................................... 177 Self Assessment threshold change for 2023/24 ............................................................................................... 177 HMRC set to collect more RTI data from 2025................................................................................................. 177 HMRC What your tax code means – a new HMRC tool ................................................................................... 178 2024/25 PAYE and NI guidance....................................................................................................................... 178 2024/25 taxable pay tables released................................................................................................................ 179 Week 53: what you need to do ......................................................................................................................... 179 Statutory Payments ............................................................................................................................................ 180 Former ministers say SSP reform is needed .................................................................................................... 180 Breaking: Statutory parental leave changes coming ........................................................................................ 180 DBT’s Shared Parental Leave evaluation ......................................................................................................... 181 Paternity Leave changes: don’t get caught out with this unlikely scenario ....................................................... 181 SSP is failing to provide enough support.......................................................................................................... 182 Student Loans ..................................................................................................................................................... 183 A change in interest rates for postgraduate and student loans ........................................................................ 183 Student and postgraduate loan thresholds announced for April 2024 .............................................................. 183 Other News....................................................................................................... 184 Apprenticeships: people over 16 ...................................................................................................................... 184 Consumer Price Inflation (CPI) rate update...................................................................................................... 184 Plan your payments ahead of three bank holidays in May ............................................................................... 185 A welcome step to ethnicity pay gap reporting ................................................................................................. 186 The bank rate hikes to 4.5%............................................................................................................................. 186 Residency for Jersey income tax ..................................................................................................................... 187

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