15-02-2019

HMRC's latest Employer Bulletin is now available, featuring useful information for employers and agents ahead of the start of tax year 2019-20.

Issue 76 of the bi-monthly publication reveals that from April 2019, HMRC will send the student loan repayment information for Full Payment Submissions to the Student Loans Company (SLC) more frequently throughout the year, meaning employees' student loan balances will be regularly updated.

This is termed as More Frequent Data Sharing (MFDS). No action is necessary, although HMRC points out that some employees could ask employers and payroll practitioners to check and confirm the information they have sent to the tax body.

Other articles in the issue cover:

• End of year reporting

• Reporting expenses and benefits

• Starter checklist

• PAYE Desktop Viewer

• Basic PAYE Tools

• Disguised Remuneration Loan Charge

• P9 Notice of Coding

• Payrolling BIK

• Pensions Relief

• Tax-Free Childcare

• Scottish Income Tax

• Toolkits – helping to reduce errors

• Welsh Rate of Income Tax

• Extending security deposit legislation

• Child Benefit and Protecting State Pension

• New entitlement to Parental Bereavement Leave and Pay

• Increase in National Minimum and National Living Wage on 1 April

• Employers can allow providers to create apprenticeship cohorts on their behalf

• Access to Work: Grants to help your employees with a disability or health condition

• Construction Industry Scheme (CIS) webinars

• Preparing businesses for EU Exit

See the bulletin here

"I've booked the HR and Payroll Update course most years and during roles with at least 3 different employers. One thing remains the same; a course that is relevant, well delivered and enjoyable and that is key when trying to retain the many pieces of legislation changes to which payroll professionals are exposed."

Tracy Hinton
HR & Payroll Manager at Stemcor

View on Linkedin

Have a question?

Leave us your details or call us on 01798 861111

Ensure you're up to date and compliant

Are you happy for us to email you from time to time with payroll related information, legislation and updates?

Yes please, keep me up to date