HMRC stakeholder update - number 9

HMRC has circulated their ninth weekly update for 2014 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders.

 

Final PAYE submission – help on YouTube

HMRC has published a 3-step guide on YouTube to help employers make a successful final PAYE submission.

 

Advisory Fuel Rates updated

HMRC has published Advisory Fuel Rates to operate from 1 March 2014.

 

Reading Student Loan SL1 notices with the PAYE Desktop Viewer (PDV)

Each year in February/March, HMRC issues large numbers of Student Loan notices for the new tax year. But because the PDV viewing feature normally only shows you notices for the current tax year, you'll have to select the next 'Tax Year' from the drop down box and enter the appropriate dates if you want to see these notices before the next year starts on 6 April.

 

Statutory Sick Pay (SSP) – Advance Funding/Reimbursement

Advance funding/ reimbursement of SSP will cease from April 2014. Any claims received before this date for periods of sickness up to 5th April 2014 will be actioned but no new claims will be accepted. This is due to the abolition of the Percentage Threshold Scheme which is due to cease from 6th April 2014. From that date employers will need to fully self-fund any payments of SSP.

 

Basic PAYE Tools

HMRC plans to make its Basic PAYE Tools product for the 2014-15 tax year available on 3 April 2014.

 

Penalties – new webinar available

HMRC have produced a new bitesize video and pre-recorded webinar which will help tax agents and advisers learn more about penalties for inaccuracies in documents and returns.

 

Contracted-out employment

The first Countdown to end of Contracting-out bulletin for Pension Scheme Administrators and Trustees providing information about the end of Contracting-out has been published.

 

Apparent Un-notified Terminations

Information for pension scheme administrators on accounts with Apparent Un-notified Terminations.

 

Gift Aid – improved guidance

HMRC has improved its guidance to explain the time limits for charities and CASCs to apply for confirmation they can take over the claims history of a previous charity or CASC after merger.