We are delighted to welcome a new member of staff to Walker Thompson. Sharan Bansal has joined our bookkeeping and payroll department working alongside Tamar Smith. The recruitment is helping us to meet the needs of our expanding portfolio of clients and is part of our ongoing strategy. We feel she is going to make a great addition to our staff.
P11D DEADLINE LOOMING
P11D DEADLINE LOOMING
The forms P11D, and where appropriate P9D, which report employees and directors benefits and expenses for the year ended 5 April 2012, are due for submission to HMRC by 6 July 2012.
According to the latest statistics issued by the Office of National Statistics:
‘The unemployment rate was 8.3% of the economically active population, down 0.1 on the quarter. There were 2.65 million unemployed people, down 35,000 on the quarter. This is the first quarterly fall in unemployment since the three months to May 2011.’
HMRC are reminding employers that in order to avoid penalties they must file the Employer Annual Return (P35 and P14s) online and on time.
HMRC are urging anyone who has still not completed their 2010/11 self assessment tax return to send it online before the end of April, or be charged daily penalties from 1 May.
HMRC have updated their guidance on Real Time Information (RTI). This new system of monthly PAYE returns is to be piloted from April 2012 and is expected to be compulsory for all employers from October 2013.
HMRC are consulting on changing the rules on hot takeaway food to ensure that all food (with the exception of freshly baked bread) that is above ambient air temperature when provided to the customer is standard rated.
The government is proposing to restrict tax reliefs available to individuals such as charitable giving.
Posts
No comments:
Post a Comment