The latest edition of HMRC’s Employer Bulletin covers the following:
PAYE
increased rates of NICs for health and social care from April 2022 and, from April 2023, the introduction of the Health and Social Care Levy;
reminder to sign up for reporting benefits and expenses in real time;
clarification on when NICs code M can and can’t be used where a person reaches the age of 21;
identifying common mistakes to be avoided by employers that may result in an incorrect employer PAYE charge;
the electronic payment deadline of 22 January 2022 falls on a Saturday – employers are advised to have cleared funds in HMRC’s account by 21 January 2022;
reminder to report PAYE information in real time when payments are made early over the Christmas period.
Brexit transition
The bulletin highlights that the UK-Swiss convention on Social Security contributions came into force on 1 November 2021.
Coronavirus
reminders to include details of coronavirus grants in company tax returns (CT600) and self-assessment tax returns (as applicable);
reminders of how the special rules on statutory residence during the coronavirus pandemic applied.
The bulletin highlights the following updated HMRC guidance:
employer-related items released on 30 November 2021 as part of Tax Administration and Maintenance day;
reminder of the VAT reverse charge on construction and building services which came into effect on 1 March 2021;
employment status guidance for Associate Dentists to be withdrawn with effect from 6 April 2023; and
HMRC’s refreshed ‘Tax avoidance – don’t get caught out’ campaign, which is designed to help contractors who are employed through an umbrella company or an agency, or are self-employed, understand their pay arrangements to avoid unexpected tax bills.
The latest edition of HMRC’s Employer Bulletin covers the following:
PAYE
increased rates of NICs for health and social care from April 2022 and, from April 2023, the introduction of the Health and Social Care Levy;
reminder to sign up for reporting benefits and expenses in real time;
clarification on when NICs code M can and can’t be used where a person reaches the age of 21;
identifying common mistakes to be avoided by employers that may result in an incorrect employer PAYE charge;
the electronic payment deadline of 22 January 2022 falls on a Saturday – employers are advised to have cleared funds in HMRC’s account by 21 January 2022;
reminder to report PAYE information in real time when payments are made early over the Christmas period.
Brexit transition
The bulletin highlights that the UK-Swiss convention on Social Security contributions came into force on 1 November 2021.
Coronavirus
reminders to include details of coronavirus grants in company tax returns (CT600) and self-assessment tax returns (as applicable);
reminders of how the special rules on statutory residence during the coronavirus pandemic applied.
The bulletin highlights the following updated HMRC guidance:
employer-related items released on 30 November 2021 as part of Tax Administration and Maintenance day;
reminder of the VAT reverse charge on construction and building services which came into effect on 1 March 2021;
employment status guidance for Associate Dentists to be withdrawn with effect from 6 April 2023; and
HMRC’s refreshed ‘Tax avoidance – don’t get caught out’ campaign, which is designed to help contractors who are employed through an umbrella company or an agency, or are self-employed, understand their pay arrangements to avoid unexpected tax bills.
