HMRC issue April ‘Employer Bulletin’

HMRC have issued the latest Employer Bulletin – ‘Your route to the latest in payroll news‘. In general, these bulletins contain lots of useful information to help employers meet their payroll obligations, such as updates on forthcoming changes to the rules and guidance in dealing with particular payroll issues.

This edition includes a handy article on page 2 and 3 on reporting expenses and benefits in kind for the 2016-17 tax year.

On page 9, HMRC discuss how from May 2017, they will use real time information to make automatic adjustments to Pay As You Earn (PAYE) tax codes as they happen, meaning you might possibly start receiving more tax code changes notices for your employees. 

There is a reminder on page 11 from the Pensions Regulator regarding automatic enrolment, with tips and information on how to meet your legal duties.

Other topics in this edition, include:

  • The Apprenticeship Levy
  • Basic PAYE Tools
  • Scottish Income Tax
  • Employer-provided childcare vouchers
  • 2017-2018 Student Loans
  • PAYE late filing penalties
  • Tax relief for employees
  • Changes to the valuation of Benefits in Kind
  • HMRC Webinars including the Construction Industry Scheme

The bulletin is well worth a read as it is the main way HMRC communicate with employers on a regular basis. It can be found on GOV.UK.