HMRC have published their August 2019 Employer Bulletin and the Global Payroll Association would like to draw your attention to some of the articles that are included in this edition:
- The first article concerns the RTI continuation of the risk-based approach to charging penalties. As we have reported before, an implication of this for employers is that HMRC will not charge a late filing penalty where the FPS is sent within 3 days of the payment date declared on it
- In the first article is some incorrect information about the date that should be declared as the payment date on the FPS. This says that it should be “on or before the date you pay your employees”. This is not correct as the payment date should be the date that the employee is contractually entitled to be paid, not the date they are paid
- There is information on the changes from 2020 re Class 1A liabilities payable on termination awards over £30,000 and sporting testimonial payments
- There is an article about the off payroll rules in the private sector from April 2020 and links to the consultation responses
- Users of HMRC’s Basic PAYE Tools (BPT) will want to note that there is an update due for release in September 2019 (on page 5)
- Employers that operate the Construction Industry Scheme (CIS) should note that CIS online
- Given the recent speculation that Welsh Rates of Income Tax is not being operated correctly (either by HMRC, employers, software of a mixture of all) there is a note on page 7 that HMRC have been reissuing “C” codes where they have identified that the employee is not on the right tax code
Despite the guidance we do not believe is correct, we still advise UK payroll professionals to sign-up and get the bi-monthly Bulletin directly to your email address by signing up for updates.
HMRC have published their August 2019 Employer Bulletin and the Global Payroll Association would like to draw your attention to some of the articles that are included in this edition:
- The first article concerns the RTI continuation of the risk-based approach to charging penalties. As we have reported before, an implication of this for employers is that HMRC will not charge a late filing penalty where the FPS is sent within 3 days of the payment date declared on it
- In the first article is some incorrect information about the date that should be declared as the payment date on the FPS. This says that it should be “on or before the date you pay your employees”. This is not correct as the payment date should be the date that the employee is contractually entitled to be paid, not the date they are paid
- There is information on the changes from 2020 re Class 1A liabilities payable on termination awards over £30,000 and sporting testimonial payments
- There is an article about the off payroll rules in the private sector from April 2020 and links to the consultation responses
- Users of HMRC’s Basic PAYE Tools (BPT) will want to note that there is an update due for release in September 2019 (on page 5)
- Employers that operate the Construction Industry Scheme (CIS) should note that CIS online
- Given the recent speculation that Welsh Rates of Income Tax is not being operated correctly (either by HMRC, employers, software of a mixture of all) there is a note on page 7 that HMRC have been reissuing “C” codes where they have identified that the employee is not on the right tax code
Despite the guidance we do not believe is correct, we still advise UK payroll professionals to sign-up and get the bi-monthly Bulletin directly to your email address by signing up for updates.