CIPP Payroll: need to know - 2024-2025

The Chartered Institute of Payroll Professionals

News Online

Newsletter sent 06.11.24

DCPU Tax News | Double Cab Pick Up Treated as Cars

HMRC revert stance on DCPU vehicles and new rules will commence April 2025.

Tags : HMRC, Income tax, Company cars, Expenses & benefits

Section 690 Update on International Mobile Employees

Expat payrolls will be relieved of delays following draft regulation streamlining S690A process.

Tags : Expat payroll, Global payroll, HMRC

2024 Overseas Pensions Transfer Charges Tax Update

Transfer charges exclusions to end for overseas pensions in the EEA and Gibraltar.

Tags : Pensions, Recognised Overseas Pension Schemes (ROPS)

Official Rate of Interest (ORI) to Change Quarterly

HMRC indicate that the ORI will begin changing quarterly from April 2025.

Tags : HMRC, Accommodation, Beneficial loans, Expenses & benefits

High Income Child Benefit Charge HICBC Reform Change

The HICBC reforms from the previous government will not go ahead.

Tags : HMRC, Income tax

Contrived car ownership schemes to be legislated against

Government plans to legislate against car tax loophole.

Tags : HMRC, Income tax, Company cars, Expenses & benefits, Compliance, Tax avoidance and Evasion

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