Insights

What’s coming up

Employee notification update

HMRC has updated the employee notification section in its guidance on payrolling employee benefits and expenses. Employers must give their staff written notification by payslip, email or letter, explaining that they are payrolling benefits and expenses, and setting out what this means for employees.

Employers must send the notification by 1 June after the end of each tax year. The notification should tell their employees that they will not be taxed twice. This is because the employer has registered to payroll their benefits with HMRC before the start of the new tax year.

COVID

Arrangements with the EU, which allow HMRC to disregard changes to individuals’ work locations caused solely by coronavirus related restrictions will end no later than the end of December 2021.

New Kickstart Scheme

Employers of all sizes can apply for funding to create new jobs for 16 to 24-year old’s on Universal Credit, under the Kickstart Scheme.

Forthcoming deadlines

  • Self-Assessment online return – 30 December 2021 (if you wish any tax owed to be collected through your tax code and this liability is under £3,000)
  • Self-Assessment filing deadline for your online return – 31 January 2022

 

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