23 December 2020: Clarity emerges concerning the re-rating of national insurance contributions as ministerial statement confirms that September's consumer price index will be used as the basis for limits and thresholds for 2021/22.
PAYE and RTI - articles
Features and articles from ICAEW on PAYE and real-time information (RTI) in the UK tax regime.
17 December 2020: In a surprise move, the Chancellor has announced that the Coronavirus Job Retention Scheme is to be further extended until 30 April 2021.
15 December 2020. HMRC highlights common self assessment errors and issues in its latest Agent Update. Some are more relevant to unrepresented taxpayers filing their own returns, but several are also relevant to agents.
8 December 2020: HMRC is not suspending activation codes for PAYE services in the latest iteration of the CJRS, but has confirmed that reasonable excuse provisions may apply if a claim is delayed pending receipt of a code.
26 November 2020: Hidden in the spending review was a statement that some income tax allowances and thresholds and national insurance limits would increase in line with the September CPI figure. ICAEW’s Tax Faculty explains what this means.
19 November: Legislation will come into force on 8 December providing a temporary exemption from income tax and national insurance on coronavirus antigen tests provided to employees.
18 November 2020: Annual PAYE schemes often meant that furloughed directors were excluded from the original Coronavirus Job Retention Scheme (CJRS). ICAEW’s Tax Faculty looks at whether they will be eligible under the third scheme.
17 November: ICAEW’s Tax Faculty is reminding employers that they risk impacting the universal credit claims of their staff if they do not report the contractual pay date in December’s full payment submission (FPS).
3 November: HMRC has confirmed that Enterprise Management Incentive (EMI) schemes will continue to be available after 31 December 2020 under UK law.
1 November: The Coronavirus Job Retention Scheme (CJRS) has been extended until December, with furloughed employees to receive 80% of salary for hours not worked and businesses asked only to cover National Insurance and employer pension contributions.