Industry calls for delay to IR35 off-payroll tax rules extension

The responses to HM Revenue & Customs’ (HMRC) off-payroll working rules consultation have been collated and have revealed serious concerns about the new proposals. Moreover, many critics have called for a halt to the reforms until April 2020. HMRC first

Read more...

A good salary is no longer enough

The latest figures from the Office for National Statistics (ONS) revealed the UK’s employment rate was the joint highest on record at 76.1 per cent, and the rate for women was 72 per cent, the highest on record. In addition,

Read more...

Government moves to curb salary sacrifice

Ahead of the 2016 Autumn Statement there were rumours that the Chancellor Philip Hammond might limit the perks offered to employees by their employers. However, it soon became clear that he was out to prevent any tax advantage from salary

Read more...

HMRC to roll out real time PAYE coding adjustments by 2017

HM Revenue & Customs (HMRC) has released a list of priorities to allow for real time adjustments to taxpayer’s tax codes so that they pay the right amount of tax within the current tax year, as part of their ongoing

Read more...

HMRC PAYE updates

HM Revenue & Customs (HMRC) has updated its guidance on what to do when an employer does not owe Class 1A National Insurances Contributions (NICs). If an employer does not submit any P11D forms, they can log in to use

Read more...

FSB sounds alarm on National Living Wage

The Federation of Small Businesses (FSB) has issued a warning about the impact of the introduction of the new National Living Wage (NLW) on the ability of some SMEs to turn a profit. Research, published by the FSB in September,

Read more...

Revenue gets tough on salary sacrifice schemes

The previous Chancellor announced at the Budget in March 2016 that the government would consider restricting the range of Benefits in Kind (BiKs) that are exempt from Income Tax and National Insurance. In August, HM Revenue & Customs (HMRC) launched

Read more...

Student loan repayment arrangement altered by HMRC

HM Revenue & Customs (HMRC) has announced that it is making changes to the deduction of student loan repayments from employees’ pay with the introduction of two types of student loan. These have been referred to as plan one and

Read more...

Employment Allowance set to rise

The Employment Allowance that enables employers to reduce their NI bill by £2,000 is being extended from 6 April 2016 to £3,000.

Read more...

Get ready for payroll changes

Smailes Goldie is reminding clients that PAYE legislation is changing from 5 April 2016, so employers who intend to or are already payrolling benefits and expenses must register with HMRC using the new online Payrolling Benefits in Kind (PBIK) service.

Read more...

Subscribe to our e-newswire
To receive our e-news and events updates, please enter your details:
If you would like to see full details of our data practices please visit our Privacy Notice.

I am happy to receive newsletters and promotional information from Smailes Goldie.