Introduction

In this month’s edition of the Employer Bulletin there are important updates and information on:

PAYE

PAYE Settlement Agreements deadline

Electronic payment deadline falls on a weekend

Classification of company cars or vans for benefits in kind purposes

Reporting expenses and benefits for tax year ending 5 April 2022

The official rate of interest for the 2022 to 2023 tax year

Student and postgraduate loans

Freeports employer National Insurance contribution relief

National Insurance holiday for employers of veterans: claims process now live

Claiming Employment Allowance from April 2022

Coronavirus (COVID-19) updates and information

Extended loss carry back

Reminder to declare coronavirus grants on Company Tax Returns

Cycle to Work coronavirus policy easement ending

Easement ends for employee home-office expenses

Tax on UK income for non-UK residents

Tax updates and changes to guidance

VAT reverse charge for construction and building services

The Administrative Burdens Advisory Board 2022 Tell ABAB survey

Making Tax Digital for VAT is coming to all VAT-registered businesses

Off-payroll working rules (IR35)

Naming tax avoidance promoters

Hybrid working: Employment Income Manual guidance

Working from home: claiming tax relief from April 2022

General information and customer support

Free business advice with Acas now available on Facebook Messenger

Help your employees understand their Child Benefit entitlements

Help shape UK central government complaint handling

HMRC’s support for customers who need extra help

HTML format of Employer Bulletin

Getting more information and sending feedback

PAYE

PAYE Settlement Agreements deadline

The deadline for applying for a PAYE Settlement Agreement (PSA) or making any amendments to an existing PSA is 5 July following the tax year it applies to. For example, for the tax year 2021 to 2022 you have until 5 July 2022 to apply for or amend a PAYE Settlement Agreement.

If you are adding an item(s) to your PAYE Settlement Agreement then you will receive an appendix to your existing agreement, not a new agreement.

The easement covering inclusion of Coronavirus (COVID-19) items in PAYE Settlement Agreements was in place until September 2021. How to treat COVID-19 expenses and benefits contains more information.

Further guidance on how to get a PAYE Settlement Agreement is available.

Electronic payment deadline falls on a weekend

This year the electronic payment deadline of 22 May falls on a Sunday. So, to make sure your payment for that month reaches us on time, you need to have cleared funds in HMRC’s account by 20 May 2022 unless you are able to arrange a Faster Payment.

Remember that it’s your responsibility to make sure your payments are made on time, and if your payment is late you may be charged a penalty.

So that you know what date to initiate your payment and make sure we have it on time, speak to your bank or building society. Do this well in advance of making your payment and check their single transactions, daily value limits and cut off times.

There is more information available on how to pay us electronically.

Classification of company cars or vans for benefits in kind …….

Source: https://www.gov.uk/government/publications/employer-bulletin-april-2022/employer-bulletin-april-2022