Welcome to the ICAEW dedicated markers page. This following recording and slides were used in a meeting that was shown on Thursday 25 November 2021. This information is available for markers who have missed the meeting or who would like to refresh their memory.
Features and articles
I was on a product support call recently with a practitioner. We had tried talking through the issue he was having by telephone, but this was not getting very far.
RTI filing started in April 2013, over 8 years ago now! There were some issues at the start, and, 8 years later, it appears there are still some problems.
Payroll software is very simple (theoretically) - put in the information and it works out everything for you and arrives at the net pay and how much to pay HMRC in relation to the deductions and employers NI etc. If only…..!!!
A round up of the rules in this area
27 October: HMRC has reiterated that payroll services offered by third parties to disabled individuals employing personal assistants are not VAT exempt, maintaining a First-tier Tribunal case was ‘wrongly decided’.
15 October: Guidance from ICAEW’s Tax Faculty on the quick action needed to reconcile Employment Allowance (EA) and the NIC element of the Coronavirus Job Retention Scheme (CJRS).
Staff come to the firm or practice, and staff go again. The leaving may be retirement, moving on to another practice-either locally or moving away, or it may be they have decided to set up on their own.
Helpsheets and support
This brief, updated guide aims to help you seamlessly automate your practice – and in turn draw lessons to help your clients automate their businesses.
This practical guide explains the off-payrolling rules as they apply to medium and large businesses.
ICAEW's Tax Faculty outlines what the changes to the Coronavirus Job Retention Scheme (CJRS) from 1 November 2020 means for small companies with annual director payrolls.
Bloomsbury Core Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.
Detailed legal and best-practice information on payroll management, enabling managers to avoid fines and penalties.
The Library & Information Service provides a hand-picked collection of eBooks as a benefit of membership. If you are unable to access an eBook, please see our Help and support or contact email@example.com
This chapter looks at various aspects of employee pay, including: deciding how much to pay; job evaluation; bonuses; National Minimum Wage; deductions from pay.