News

HMRC have provided another informal update regarding RTI, Statutory Sick Pay and record keeping software.

HMRC have provided a further informal update regarding RTI, details of an updated toolkit to reduce common errors and the ADR evaluation report.

HMRC has issued an updated index link to all the RTI PAYE pages.

The Department for Work and Pensions (DWP) has recently issued guidance on the calculation of income from self employment in relation to claims for Universal Credits. This applies in respect of claims from 6th April 2013.

Following representations made by the RTI Customer User Group, HMRC have amended the guidance on the starter process.

On 19 March HM Revenue & Customs (HMRC) announced a temporary relaxation for small employers to the RTI ‘on or before’ rules. HMRC have now provided details of the entries that should be made on an FPS where the relaxation is being used.

The ATT have received a letter from David Gauke MP, the Exchequer Secretary to the Treasury, in acknowledgment of the representations made to him and HMRC by the ATT and other professional and business bodies and to note the significant change to

“The extension for a further year of the CGT relief on gains reinvested into SEIS qualifying shares (albeit at half the level for 2012/2013) will be welcome by new small companies looking for an injection of kick-start funds”.

The Association of Taxation Technicians (ATT) has welcomed improvements announced in the Budget papers to proposals for reform of small business taxation.

The Association of Taxation Technicians (ATT) has welcomed the doubling of the employer-loan limit from April 2014, and suggested the change should come in even sooner.