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Latest Employment Tax News

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Weekly roundup of HMRC manual changes: 6 December 2021

6 December 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

06 Dec 2021 00:00 | Published by a Tolley Corporation Tax expert

CJRS guidance: correcting underpayments

HMRC has updated its Coronavirus Job Retention Scheme guidance to add a new section on how to top up employees’ wages where businesses have claimed a grant but not paid employees enough, and further information about offsetting overclaimed amounts.

03 Dec 2021 00:00 | Published by a Tolley Employment Tax expert

SI 2021/1344 The Income Tax (Qualifying Child Care) (Wales) Regulations 2021

These Regulations amend section 318C of ITEPA 2003, which defines “qualifying childcare” for the purposes of exemptions from income tax for employee benefits in respect of certain employer-provided or employer-contracted childcare.

02 Dec 2021 00:00 | Published by a Tolley Employment Tax expert

HMRC Stakeholder Digest: 30 November 2021

The CIOT has published the latest HMRC Stakeholder Digest (30 November 2021) which provides a round-up of the latest news and updates.

01 Dec 2021 00:00 | Published by a Tolley Employment Tax expert

SI 2021/1341 The Income Tax (Exemption of Social Security Benefits) Regulations 2021

These Regulations are being made to exempt from tax four new social security payments with retrospective effect from the date of their respective introductions.

01 Dec 2021 00:00 | Published by a Tolley Employment Tax expert

Tax Administration and Maintenance Day: 30 November 2021

Over 30 documents were published on the inaugural ‘Tax Administration and Maintenance day’ signifying the start of a period of consultation and evaluation. Our summary document details the key announcements.

30 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

Pension schemes newsletter 135: November 2021

HMRC has published pension schemes newsletter 135, which informs relevant stakeholders of the latest news and updates regarding pension schemes.

30 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

CIOT comments: Finance (No.2) Bill 2021 briefings

The CIOT has commented on Finance (No.2) Bill 2021 briefings on - Clauses 7-8 Schedule 1: Basis Period Reform, Clauses 53-66: Economic Crime (Anti- Money Laundering) Levy and Clauses 84-90 Schedule 12: Tackling Tax Avoidance.

25 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 19 November 2021

The CIOT has published the latest HMRC Stakeholder Digest (19 November 2021) which providing a round-up of the latest news and updates.

25 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

Company cars: advisory fuel rates from 1 December 2021

HMRC has published revised advisory fuel rates for company cars which apply from 1 December 2021.

24 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 22 November 2021

22 November 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

22 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

HMRC Guidance: risk of tax avoidance working through an umbrella company

HMRC has published two new guidance notes to enable contractors and agency workers working through umbrella companies to check their payslip to make sure they are not involved in a tax avoidance scheme.

19 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

SI 2021/1286 The Tax Credits and Child Benefit (Miscellaneous Amendments) Regulations 2021

These Regulations amend a number of statutory instruments in relation to tax credits and child benefit. They come into force on 9 December 2021.

19 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

Agent Update: issue 90

HMRC has published Agent Update issue 90 (November 2021) providing a round-up of recent developments for tax agents and advisers.

18 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

Tax Administration and Maintenance Day will be on 30 November 2021

The Treasury has announced that Tax Administration and Maintenance Day will be on 30 November 2021.

18 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Treasury Committee Inquiry into the Autumn Budget and Spending Review 2021

The Chartered Institute of Taxation (CIOT) has responded to the Treasury Committee’s inquiry into the Autumn Budget and Spending Review 2021.

17 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 15 November 2021

15 November 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

15 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance: Claim back Statutory Sick Pay (SSP) paid to employees

HMRC has updated its Coronavirus statutory sick pay rebate scheme guidance for employers to reflect that EU state aid rules no longer apply in the UK.

11 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

Joint and several liability notices for COVID-19 support payment

HMRC has published new guidance setting out how HMRC deals with customers who receive a joint and several liability notice for a company that has received COVID-19 support payments, including conditions for giving a notice and safeguards.

10 Nov 2021 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 4 November 2021

The Chartered Institute of Taxation (CIOT) has published an HMRC Stakeholder Digest (4 November 2021) providing a round-up of the latest news and updates for members, and their customers and clients.

08 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

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Income tax paid on behalf of employee

Income tax paid on behalf of employeeIntroductionEmployers may wish to make payments of employment income to an employee / director without the employee suffering a tax or NIC cost on that pay. In other words, the employer wants to pay an amount net of tax and NIC. In some instances, often with

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