04 December 2024
HM Revenue and Customs (HMRC) has delivered an early Christmas present (sorry it’s not that exciting) packed full of updates for payroll professionals.
The December update includes:
PAYE
- employer National Insurance contributions and Employment Allowance changes announced at Autumn Budget 2024
- automatic enrolment duties for festive season workers
- evidence required to claim PAYE employment expenses
- electronic payment deadline falls on a weekend
- Guidelines for Compliance — help with the Apprenticeship Levy and Employment Allowance — connected entities
- support if your employees have paid too much tax — claim a tax refund
- employers PAYE and Construction Industry Scheme repayments
- confirming plans to mandate the reporting of benefits in kind through payroll software from April 2026
- 2025 to 2026 student and postgraduate loans thresholds and rates
- go paperless with PAYE Online
Tax updates and changes to guidance
- basis period reform — reporting on a tax year basis
- help your employees access the financial support they are entitled to
- official rate of interest from 6 April 2025
- Investment Zone employer National Insurance contributions relief guidance
General information and customer support
- help your employees top up their State Pensions
- UK subsidy reporting arrangements for climate change agreement scheme participants for calendar year 2023
- Spotlight 65 — General Data Protection Regulation provision used to reduce tax liability
- Spotlight 66 — Limited Liability Partnerships arrangements used to disguise employment income
- how to complain
- free cyber security toolkit for small businesses
- HTML format of the Employer Bulletin
- getting more information and sending feedback
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