HMRC have published new Guidelines for Compliance for employers reporting their Apprenticeship Levy liability and claiming Employment Allowance. Help with the Apprenticeship Levy and Employment Allowance — connected entities — GfC10 is aimed at all employers with a focus on helping avoid common errors seen by HMRC and provides guidance on the connected entities rules for the purposes of Apprenticeship Levy and Employment Allowance. The Employment Allowance section picks up the Autumn Budget 2024 uplift in the amount of the allowance from £5 000 to £10 500 with effect from 6 April 2025 and the removal of the eligibility restriction which took into account the employer’s secondary Class 1 NICs liability from the previous tax year.
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HMRC have published new Guidelines for Compliance for employers reporting their Apprenticeship Levy liability and claiming Employment Allowance. Help with the Apprenticeship Levy and Employment Allowance — connected entities — GfC10 is aimed at all employers with a focus on helping avoid common errors seen by HMRC and provides guidance on the connected entities rules for the purposes of Apprenticeship Levy and Employment Allowance. The Employment Allowance section picks up the Autumn Budget 2024 uplift in the amount of the allowance from £5 000 to £10 500 with effect from 6 April 2025 and the removal of the eligibility restriction which took into account the employer’s secondary Class 1 NICs liability from the previous tax year.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
