27 September 2021
For the tax year 2022-23, HMRC has confirmed that the levy charge of 1.25% will be collected under the deduction of National Insurance Contributions (NIC). This means that for employees whose earnings will be above the Primary Threshold (PT) up to the Upper Earnings Limit (UEL), NICs will be collected…
This update replaces the previous guidance issued by HMRC on 18 June 2021. The end date has now been deferred to 5th April 2022 for the temporary adjusted checks by HMRC. Since they have received a lot of positive feedback for offering to submit the checks remotely or through video…
The statutory sick pay rebate scheme will end on 30th September 2021 as per the new Legislation laid before parliament. During the pandemic, the small and medium-sized employer was able to reclaim the SSP from HMRC where the employees were not able to work either due to covid or self-isolation…
31 August 2021
HMRC have decided that for benefits in kind they will only accept the new informal payrolling arrangements during the 2021 to 2022 tax year. Before April 2022, employers are expected to register for formal payrolling for the 2022 to 2023 tax year who have their businesses previously an informal payrolling…
Now you can make one annual payment that can cover all the tax, NI due on small and irregular taxable expenses or benefits for the employees which has been implemented by HMRC through PAYE Settlement Agreement (PSA). All the electronic payments made for a PAYE Settlement Agreement for the tax…
