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HMRC have published their Employer Bulletin for October 2021. We have summarised the key content for you, with links to our detailed guidance on the topics covered.

PAYE

Tax changes for health and social care

From April 2022 the rate of Income Tax on dividend income will increase by 1.25%.

See Increases to National Insurance Rates and Dividend tax (subscriber guide)

Business Tax Account and Pay As You Earn (PAYE) for employers

Reporting PAYE information in real-time when payments are made early at Christmas

See RTI: Real-Time Information for PAYE

Universal Credit and the importance of correct on time Full Payment Submission (FPS) reporting

Off-Payroll Working rules (IR35)

See Off-Payroll Working: PSCs & Private Sector Engagers

Student loans: Occupational Pension and Off-Payroll Working rules FPS Indicators

Student loan deductions are not due on:

If you have selected the occupational pension or Off-Payroll Working rules indicator by mistake for clients who are subject to student loan deductions, you should unselect it immediately.

Student loan refunds

Making your PAYE Settlement Agreement (PSA) payment

PAYE Settlement Agreements (PSA): PSA1 form

See PAYE Settlement Agreement

Reporting benefits and expenses digitally

HMRC is encouraging employers to consider payrolling the expenses and benefits they pay to staff.

See Payrolling of benefits

UK transition

Coronavirus (COVID-19) updates and information

Coronavirus Job Retention Scheme

Final Coronavirus Job Retention Scheme (CJRS) claims for September must be submitted by Thursday 14 October 2021.

See COVID-19: Coronavirus Job Retention Scheme (CJRS) from 1 November 2020

Support available for employees if you are unable to bring them back to work

Support available to help your business grow

If you’re looking to grow your business, the government Help to Grow scheme offers management and digital programmes to help you learn new skills and reach more customers.

See Budget 2021: Help to Grow

Tax updates and changes to guidance

VAT reverse charge for construction and building services

The reverse charge rules came in on 1 March 2021.

See CIS: Construction Industry reverse charge

Voluntary disclosures: PAYE liability involving offshore matters

This Employer bulletin focuses on how the update affects employers, provides some relevant 'offshore' examples that would result in a PAYE liability and contact details at HMRC for disclosing inaccuracies.

See Time limits for assessment: offshore, Worldwide Disclosure Facility and Offshore income toolkit

HMRC publishes new guidance for businesses using temporary workers

See Spotlight 45: Umbrella Companies and Agency Workers: Employment intermediaries rules (subscribers)

General information and customer support

It is important that you continue to support your employees by meeting your ongoing legal duties. This includes paying the correct amount on time to your staff pension scheme. Make sure you understand what you need to do and by when.

External link

Employer Bulletin October 2021


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