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Employer Bulletin 61 (August 2016)

HMRC has produced its latest bi-monthly Employer Bulletin that is bumper-packed with information for UK payroll professionals.

Ian   Holloway
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Ian   Holloway
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HMRC has produced its latest bi-monthly Employer Bulletin that is bumper-packed with information for UK payroll professionals.

 

For the sake of those that have commented on my use of this word previously, I say bi-monthly as this means it happens once every two months, i.e. six times a year. Bi-monthly could also mean happening twice every month, though this is better described as something that happens semi-monthly.

 

Back to the Employer Bulletin, I really am a fan of this publication. It contains a multitude of information in brief with links to other sources if you are interested in that subject. Topics for August include:

 

• Links to the August 2016 consultations surrounding expenses and benefits.

• Penalties for late intermediary quarterly RTI submissions.

• Update on the apprenticeship levy from April 2017.

• The KC National Insurance Number issue – basically saying there is no update from the position that HMRC has previously announced.

• Early advice about the payment of Class 1B NICs for PAYE Settlement Agreements.

• Reminder that HMRC is sending student loan “prompts” where they were expecting a deduction but no amount has appeared on the FPS. There is also a reminder that they might start contacting employers by telephone to “discuss” starting deductions (do remember that a telephone call has no statutory basis as a way to start a student loan deduction and employers should ask for another SL1).

• Reminder about the new Personal Savings Allowance that started from April 2016.

 

I would advise employers to sign up to receive e-mail alerts and get the latest employer information that is available.

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Employer Bulletin 61 (August 2016) Employer Bulletin 61 (August 2016)
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