HMRC Weekly Update: 18 October 2013

HMRC have provided a further informal update on the postponement of the IT upgrade taking place this weekend, PAYE settlement agreements, NIC Employment Allowances and the amended Qualifying Recognised Overseas Pension Scheme forms.

Postponed IT upgrade will take place this weekend (Friday 18th October from 8pm)
HM Revenue & Customs (HMRC) online services: maintenance work to go ahead this weekend 
The postponed IT upgrade will take place this weekend and to lessen the impact on you and your business we are reducing to an absolute minimum the time necessary to make the changes.

Pay As You Earn (PAYE)
Pay PAYE Settlement Agreements 
Make sure you pay 2012-13 PAYE Settlement Agreement payments of tax and Class 1B NICs by the deadline or you may get a late payment penalty. When paying use the reference number on your PSA payslip beginning with 'X', not your Accounts Office reference.

The National Insurance Contributions (NICs) Employment Allowance 
Up to £2,000 off Employer Class 1 NICs each year from 6 April 2014

Chancellor's Autumn Statement 4 December 2013 
The Autumn Statement 2013 will be made by the Chancellor of the Exchequer, George Osborne on Wednesday 4 December.

Qualifying Recognised Overseas Pension Scheme – amended forms
New QROPS forms APSS 251 and APSS 253 
These forms have been amended as a result of Statutory Instrument 2259 and should be used from 14 October 2013.

Technical Team

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