Policy News Journal - 2014-15

If your work or voluntary work currently requires you to complete forms P9D then it is likely that your experiences alone will be sufficient to answer this short survey . However you might still find it useful or interesting to review the contents of the consultation document before you do.

Thank you in advance for taking part in this short survey which will close on Friday 15 August.

CIPP Survey – Employee Benefits and Expenses – exemption for paid or reimbursed expenses

8 July 2014

Last week, when telling you about the extensive consultation exercise taking place over the summer following the Office of Tax Simplification’s (OTS) review of the Benefits and Expenses regime, we published the first survey which was looking at the abolition of the £8,500 threshold. Now we have turned our attention to the consultation document considering replacing the dispensations regime with an exemption for qualifying expenses that are paid or reimbursed by employers. The consultation gives further information about how an exemption would work, and we would like to hear from everyone with views or an interest in this subject including employers who currently have a dispensation or pay expenses, professional/ representative bodies, agents, payroll providers, and software developers. The Policy team has created a survey based on the consultation document which should take no more than 20 minutes to complete. This is a fundamental change to the way expenses are currently treated and we would encourage you all to try and spare the time to complete this survey .

Many thanks in advance to everyone who does get chance to complete the survey before it closes on Friday 15 August 2014.

CIPP Survey - Employee Benefits and Expenses – Trivial Benefits exemption

25 July 2014

The CIPP Policy team have published a survey on the recently published consultation by HMRC on the subject of Employee Benefits and Expenses – Trivial Benefits exemption. This survey is due to close on 18 August. You will be aware that the Office of Tax Simplification has carried out a significant amount of research on the subject of Employee Benefits in Kind (BiKs) and Expenses and in response to the publication of the OTS Review of employee benefits and expenses: second report in January 2014, the government, at Budget 2014, announced that they would be consulting on a core package of four measures, with a view to introducing legislation in Finance Bill 2015.

The core package consists of the following changes:

 Abolishing the threshold for the taxation of BiKs for employees who earn less than £8,500 a year (‘lower paid’ employments), with action to mitigate the effects on any vulnerable groups disadvantaged by the reforms;

 Introducing a statutory exemption for trivial benefits;

CIPP Policy News Journal

08/04/2015, Page 157 of 521

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