The essential Employers Bulletin for December for HMRC has been released. The bulletin is a vital read for all those in the payroll industry and this months includes the following:
- Extension to the Coronavirus Job Retention Scheme
- VAT deferral new payment scheme
- VAT reverse charge for construction and building services
- Statutory Sick Pay (SSP) eligibility for those self-isolating or shielding due to coronavirus
- Messages for employers who operate a childcare voucher scheme
- Virtual Xmas Parties
- Disguised remuneration settlements – 2020 terms
- Time is running out to get your business ready for Brexit transition
- More support offered through the customs grant scheme
- Merchandise in Baggage rules when travelling to and from the EU
- Cash control rules when travelling to and from the EU
- Guidance for employers on reporting PAYE information in real time when payments are made early at Christmas
- Change of Payroll ID
- If you engage or supply contractors, there are some important tax changes
- Student and Postgraduate Loans – Occupational Pension and Off Payroll working rules
- Scottish Student Loans
- Starter Checklist
- Capital Allowances: Extension of First Year Allowances for Cars, Zero Emission Goods Vehicles & Equipment for Gas Refuelling Stations
- Statutory Reviews
- Tax avoidance: don’t get caught out
- Mini Umbrella Company Fraud – an awareness for business
- Employment Related Securities
- New HMRC Charter
- ABAB Report Update
More details and the bulletin can be found here.
