HMRC have also released this week their latest Employer Bulletin for June 2022.This regular, complete update is a must read for all employers and payrollers and includes a large number of updates related to Tax, employment, legislation, and future change.This month’s bulletin includes the following:
PAYE
- Changes to our webchat service
- Increase in National Insurance thresholds
- Basic PAYE Tools — additional in-year release
- Check you’re using the right PAYE reference
- Reporting PAYE in real time
- Student and Postgraduate Loans
- P11D and P11D(b) filing and payment deadlines
- Paying Class 1A National Insurance contributions due on 22 July 2022
- Employers providing medical benefits update
- Reporting expenses and benefits: company cars
Coronavirus (COVID-19) updates and information
- Enterprise Management Incentive: COVID-19 easement ending
- Save As You Earn: COVID-19 easement ending
- Social Security coordination with the EU: COVID-19 easement ending
Tax updates and changes to guidance
- First Full Payment Submission for new starters: the importance of using the correct employee addresses
- Updated guidance on how tips, gratuities and service charges are taxed
- Sign up now for Making Tax Digital for VAT
- Election for a separate PAYE scheme: Form P350
- Multi-factor authentication used on business tax account
General information and customer support
- Employers: make sure your contact details are up to date for The Pensions Regulator
- Helping you get it right — claiming tax relief on work expenses
- Tax Free Childcare: help for your employees
- HMRC’s support for customers who need extra help
- HTML format of Employer Bulletin
- Getting more information and sending feedback
The full bulletin can be found here:
