close
Share with your friends

Autumn Budget 2018: Reforming the rules for Short Term Business Visitors (STBVs)

Reforming the rules for Short Term Business Visitors

The rules on STBVs from overseas branches of UK companies will change in 2020.

1000

Also on home.kpmg

From April 2020, the UK workday limit for participants in special annual PAYE schemes applying to STBVs will increase from 30 to 60 days. These arrangements allow employers to submit a single payroll report after the end of each tax year, rather than monthly returns, in respect of STBVs who do not meet the requirements for inclusion in a ‘Short Term Business Visitors Agreement’, whereby an employer is relieved from applying PAYE. This change will allow more STBVs from overseas branches of UK companies, and from territories which do not have a double tax treaty with the UK, within the scope of the simplified compliance regime.

Additionally, the reporting and payment deadlines for the special PAYE regime will be extended from 19 April to 31 May following the end of the tax year. This aligns the reporting deadline for the special PAYE regime with that of ‘Appendix 4’ STBV arrangements.

Contact

Colin Ben-Nathan

+44 (0)20 7311 3363

colin.ben-nathan@kpmg.co.uk

Matt Fox

+44 20 76943992

matthew.fox@KPMG.co.uk

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal