HMRC have confirmed changes to earnings deductions from some self-employed entertainers.
In April this year the Social Security (Categorisation of Earners) Regulations were repealed.
There is no change for those entertainers who have a contract of employment, but in the past, some self-employed entertainers have had National Insurance contributions deducted from their earnings, along with any appropriate Student Loan deductions. Following the repeal of the Regulations, employers must no longer deduct National Insurance contributions, nor make any deductions for Student Loans. It is important to note that although the deductions must cease, employers will not receive a Stop Notice for any Student Loan deductions they have been making as the employment in effect has ceased.
HMRC are currently preparing guidance which will be issued in the next few weeks.
HMRC Employer Bulletin - Issue 48
19 June 2014
The latest issue of Employer Bulletin contains a wealth of information and reminders on many topics, including P11D arrangements, recording the SCON, and real time information generally. HMRC’s decision to increase the frequency of this publication to every two months is clearly fully justified.
Issue 48 of HMRC’s Employer Bulletin has to be essential reading for employers and bureaux alike.
HMRC consultation on remuneration practices
20 June 2014
HMRC have announced a call for evidence on remuneration practices to inform future tax policy changes.
This call for evidence requests information to improve the government’s understanding of the wider picture around remuneration including the factors and issues that influence businesses’ and individuals’ decisions when negotiating remuneration packages. It asks questions across four broad areas:
What different forms of remuneration make up remuneration packages? Why are different forms of remuneration used? How are different forms of remuneration provided? What does the future of remuneration look like?
More information is available here .
CIPP comment The CIPP policy team will be looking at this consultation in detail in conjunction with the consultations on expenses and benefits, and will publish surveys and use policy think tanks to gather member opinion.
Tax treatment of UK and overseas income and gains
CIPP Policy News Journal
08/04/2015, Page 266 of 521
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