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Employment Tax

Employment Tax

We aim to keep you updated with all the latest relevant information that will be important for your business.

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KPMG's Employment Taxes group helps organisations manage their payroll, benefits and expenses compliance risks as well as implement arrangements to reduce employment tax costs. In this section we aim to keep you updated with all the latest relevant information that will be important for your business.

If you want to know more, or would like us to consider any particular topics, please get in touch.

Articles

Coronavirus Job Retention Scheme extended to 30 September 2021

To protect jobs and support businesses beyond the expected end of lockdown, the CJRS will now run for a further five months.

 

Off-payroll working from April 2021: HMRC’s compliance and enforcement strategy

What does HMRC’s approach to the new regime mean for you?

Coronavirus Job Retention Scheme – will your calculations change?

How reference pay and usual hours are calculated for some employees will change from 1 March 2021.

The Scottish Budget 2021/22

Finance Secretary Kate Forbes presented the Scottish Budget to Holyrood on 28 January 2021 – here’s what you need to know.

Coronavirus Job Retention Scheme claims – planning for the end of the year

The festive period presents logistical challenges for CJRS claims – act now to avoid being caught out.

COVID-19 tests: terms of the income tax and NIC exemption confirmed

Not all employer-provided COVID-19 tests will qualify for the new benefit-in-kind exemption – this is what you need to know..

Off-Payroll Working from April 2021 – HMRC clarifies who is and isn’t caught by the new rules

More corporate intermediaries could fall within ’IR35’ from April 2021. However, HMRC has recently clarified its position – what does this mean for you?

Coronavirus Job Retention Scheme – more than just an extension

The CJRS has been extended to 31 March 2021, but the new scheme isn’t just a continuation of the old.

Coronavirus Job Retention Scheme: are you ready for the deadline?

CJRS claims for periods ended on or before 31 October 2020 should be submitted, and any underclaims corrected, by 30 November 2020.

Off-Payroll Working from April 2021 – HMRC clarifies who is and isn’t caught by the new rules

More corporate intermediaries could fall within ’IR35’ from April 2021. However, HMRC has recently clarified its position what does this mean for you?

Job Support Scheme

The Chancellor has announced the introduction of the Job Support Scheme effective from 1 November 2020.

HMRC announce a new Job Retention Scheme (JRS) deadline

HMRC have announced a final deadline for submitting or amending JRS claims – employers should act now to ensure any underclaims are corrected in time

HMRC publish further Job Retention Bonus (JRB) guidance

More detailed guidance on the JRB has been published – employers who intend to claim should take certain steps now.

 
HMRC is asking large businesses to review their JRS claims– what do you need to do?
 

HMRC publish guidance on R&D staffing costs for furloughed employees.

 
HMRC are expected to update their guidance on calculating JRS claims for the period in which an employee returns to full time work.
 
 
HMRC are writing to employers they think need to correct JRS claims. Can you demonstrate that yours are robust?
 
 
We respond to HMRC’s consultation on preventing tax loss from the CIS. Could the proposed changes impact your business?
 

HMRC will refund certain voluntary payments made on or after 16 March 2016 concerning loans made in unprotected years.

Changes to the Job Retention Scheme

The JRS will now run until 31 October 2020, but some aspects will change from August. Updated guidance clarifies certain matters, including when overtime payments should be included in JRS reference pay.

COVID - 19: Homeworking expenses – what’s taxable?

HMRC publishes new guidance highlighting which expenses are taxable for employees working from home due to COVID-19.

Off-Payroll Working reforms deferred until April 2021

Changes to the OPW rules have been delayed by a year. What are the practical implications for businesses?

Pension Annual Allowance Tapering – what does the Finance Bill mean for you?

Changes to the tapered allowance for pensions might mean that some employers need to take action.

National Minimum Wage - naming and shaming is back but more flexibility on salary sacrifice

The government has resumed the naming and shaming regime, but will introduce a series of changes to make compliance easier for employers.

Off-payroll working: draft guidance on the new regime published

HMRC’s draft guidance should assist organisations prepare for April – what are the main points

New National Minimum Wage and National Living Wage rates

The government recently announced substantial increases to minimum hourly pay from April 2020 – what do employers need to consider?

‘IR35’ status determination statements may remain valid

HMRC has confirmed that Status Determination Statements (SDSs) issued prior to 6 April will be valid under the new rules.

Off-payroll working reforms: draft debt transfer regulations published for consultation

HMRC is consulting on transfer of debt regulations as part of April’s ‘IR35’ reforms.  What will these mean in practice?

Disguised Remuneration – bet on an HMRC win?

The First Tier Tribunal (FTT) has found in favour of HMRC in the Root 2 Alchemy tax planning case.

Independent loan charge review recommends major changes

The loan charge should not apply to loans entered into before 9 December 2010.

Off-payroll working reforms: review of implementation announced

The government will review how the off-payroll working reforms will be implemented, but the go live date of 6 April remains.

Are you ready for the changing landscape for company cars?

From April 2020, electric cars will be free of company car tax – should you be electric too?

Update on PAYE Settlement Agreement (PSA) payments

HMRC reminds employers that they should pay tax and National Insurance due under their PSA by 22 October 2019 (19 October 2019 if paying by post).

Disguised Remuneration Loan charge – review announced

The Prime Minster has announced that the loan charge legislation will be reviewed.

Off-payroll working reforms from April 2020 – HMRC publishes new and updated guidance

HMRC has published new and updated guidance to support implementation of the reformed off-payroll working rules from April 2020

Off-payroll working from April 2020 – getting ready for the new regime

The government has published its final proposals for reforming the off-payroll working rules. What should you do now?

The disguised remuneration loan charge – letters from former employees?

What should you do if someone claiming to be a former employee asks you to confirm that you’ve accounted for the loan charge?

Off-payroll working from April 2020: what happens next?

HMRC’s consultation on off-payroll working closed on 28 May – read our insights on what organisations should be doing now.

How to be a modern employer in a digital economy

The way people work has changed more dramatically over the past few years than in the past few centuries. But tax legislation has not kept up with this – yet. Are you ready?

Employment tax end of year reporting

Using technology to help improve compliance and reduce the administration burden of end of year reporting.

National Minimum Wage (NMW) consultation on salaried workers and salary sacrifice schemes

KPMG has submitted its response to the Government consultation on the operation of NMW for salaried workers and salary sacrifice schemes.

Off-payroll working – consultation on the new regime

The Government’s consultation on off-payroll working runs until 28 May 2019 – what does the proposed new regime look like?

Living accommodation benefit in kind changes for University employees?

HMRC has written to Higher Education (HE) and Further Education (FE) employers notifying a change in practice concerning employees’ living accommodation.

Mencap and the Social Care Compliance Scheme (SCCS)

The lack of HMRC guidance on what the Mencap decision means for the SCCS may cause confusion for employers – this is what they need to know

National Minimum Wage (NMW) – Government reports on enforcement activity

The Government’s report on NMW compliance and enforcement in 2017/18 makes interesting reading – what should employers take from it?

Off-payroll working in the private sector: KPMG’s consultation response

KPMG has submitted its views on HMRC’s consultation on off-payroll working in the private sector.

Short Term Business Visitors (STBVs): KPMG’s consultation response 

KPMG has responded to HMRC’s consultation on the tax and administrative treatment of STBVs from overseas branches

Self-employed platform workers – Pay As You Trade?

A new OTS paper explores simplification for self-employed digital platform workers – including tax withholding by the platform operator.

Enterprise Management Incentives (EMI) – HMRC evaluates the commercial impact

HMRC has published research that evaluates how tax advantaged EMI options are delivering for businesses.

Waivers of loans to close company participators taxed as bonuses

First Tier Tribunal (FTT) holds that waiving loans to close companies’ directors who were also participators was taxed as earnings

Consultation on off-payroll working in the private sector launched

The Government’s long awaited consultation on off-payroll working in the private sector was launched on 18 May.

HMRC relaxes conditions for certain childcare voucher (CCV) schemes 

Childcare Voucher (CCV) schemes which closed to new entrants on 5 April 2018, and did not reopen, will retain their income tax and NIC advantages. 

Employment tax compliance advisory

HMRC’s efforts to reduce the administration burden on employersmeans greater reliance is placed on employers having robustcontrols in place to achieve PAYE and NIC compliance.

Requirement To Correct (RTC): Inheritance Tax (IHT) and employment-related trusts

The RTC rules may impose significant penalties on employment related-trusts which fail to correct by 30 September 2018.

HMRC locums campaign

HMRC enforcement teams have launched a campaign to review the employment status of locums.

The new regime for termination payments

Termination payments that currently qualify for the £30,000 tax free amount and are paid free of NIC might not qualify for this treatment from 6 April 2018. This article discusses what employers will need to consider moving into the new tax year.

Taxation of self-funded work-related training

The Government proposes to extend its support for self-funded training to encourage investment in skills and life-long learning. Comments are requested on its current objectives, and how the proposed changes should best be structured.

Simplifying PAYE Settlement Agreements

A summary of KPMG's response to HMRC’s recent consultation. 

National Insurance contributions on termination payments from 6 April 2018

HMRC has confirmed that secondary legislation will be laid to impose NIC on the Post-Employment Notice Pay element of termination payments

Scottish income tax to change from 6 April 2018

Scottish taxpayers will be subject to new Starter and Intermediate rates. The higher and top rates will increase to 41% and 46%. Employers should consider the practical implications.

New Termination Payment Rules: Start date confirmed

HMRC has confirmed its interpretation of the commencement provisions for the new rules on non-contractual pay in lieu of notice.

HMRC policy change on behaviour-based penalties

On 17 December 2017 HMRC released amended factsheets in order to reflect a change in policy regarding behaviour-based penalties.

First opinion of GAAR advisory panel published

The GAAR advisory panel has recently published its first opinion in a case of employee reward involving gold bullion. 

Employers: can you reclaim a loan charge payment?

HMRC will refund certain voluntary payments made on or after 16 March 2016 concerning loans made in unprotected years.

 

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