HMRC employer bulletin – April 2017
12 April 2017
This bi-monthly newsletter from HMRC is always worth reading thoroughly as it is easy to miss something which may affect a new process or legislative change. A prime example is student loans and the reform to intermediaries legislation for public sector engagements - HMRC systems currently have no way of recognising where an individual who is detailed on the FPS is an employee or a worker caught by IR35. See an article we published this week and page 6 of the employer bulletin for further details.
As the bulletin mentions in the introduction, the Chancellor’s spring budget last month included little which will impact upon your payroll operations; however there are still new government initiatives and changes such as:
the Apprenticeship Levy (page 3);
changes to the PAYE system (page 4) ;
the interaction of employer-provided childcare vouchers and Scottish Income Tax (page 5);
changes to the valuation of benefits in kind (page 8); and
many more topics in the ‘must read’ HMRC employer bulletin – April 2017.