Employer Bulletin: February 2025

This edition includes updates on the following:

End of year reporting: employers are reminded to prepare for end-of-year reporting including the final Full Payment Submission (FPS) or Employer Payment Summary (EPS) by 5 April 2025. New online forms for PAYE and Construction Industry Scheme repayments have been introduced and updates to Basic PAYE Tools will be released by the end of March 2025.
Tax updates and changes to guidance: changes to the classification of double-cab pickups for tax purposes will take effect from 6 April 2025. The official rate of interest may now change within the tax year starting from 6 April 2025.
Employee hours data requirements: confirmation that employers will now not be required to provide more detailed employee hours data to HMRC from April 2026.
Reminders: HMRC are encouraging employers to remind employees about the deadline to fill gaps in their NICs records by...

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This edition includes updates on the following:

End of year reporting: employers are reminded to prepare for end-of-year reporting including the final Full Payment Submission (FPS) or Employer Payment Summary (EPS) by 5 April 2025. New online forms for PAYE and Construction Industry Scheme repayments have been introduced and updates to Basic PAYE Tools will be released by the end of March 2025.
Tax updates and changes to guidance: changes to the classification of double-cab pickups for tax purposes will take effect from 6 April 2025. The official rate of interest may now change within the tax year starting from 6 April 2025.
Employee hours data requirements: confirmation that employers will now not be required to provide more detailed employee hours data to HMRC from April 2026.
Reminders: HMRC are encouraging employers to remind employees about the deadline to fill gaps in their NICs records by...

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: