HMRC has upgraded its instructions on when employers can convey a full payment submission (FPS) for paying the overseas tax on behalf of their employees. HMRC’s delayed reporting reason guidance has also been upgraded to show that late reporting reason code G should be used considering the FPS is submitted as…
The Chancellor delivered his annual Spring Statement speech in which he laid out the Government’s tax plan to assist the UK economy, businesses and families in both the short and the medium term. Significant measures the Chancellor announced as elements of the plan include: A rise to the National Insurance…
The Statutory Sick Pay Rebate Scheme will end on 17 March 2022. You have till 24 March 2022 to submit any new claims for the absence duration until 17 March 2022, or to change claims you have already provided. The employers will not be able to claim back Statutory Sick Pay (SSP)…
P9 Notice of Coding email notifications will be sent from the week starting from 7 February 2022 till 6 March 2022. To get these emails make sure your email address is up to date. Now you can check the coding of the duty year initiating from 6th April 2022 within…
The repayment thresholds and deduction rates of plan 1 and 4 loans from 6th April 2022 have the following reminders: PAYE accounts should be evaluated for a student loan or postgraduate loan start and stop notices; and there should not be any student loan deductions where the worker is subject…