NEWSLETTER 65

Headlines from our latest newsletter.  Please click on any of the links below for more information :

AUTO ENROLMENT TOOL

Under Pensions Auto Enrolment employers must:

• ‘auto enrol’ eligible employees into a pension scheme

• make employer pension contributions for them, and

• make deductions of employee pension contributions from the employees pay.  

REAL TIME INFORMATION

HMRC are issuing final reminders to employers to ‘act now’ in order to be ready to report PAYE under Real time Information (RTI).  

PAYING HMRC BY BILL PAY

The ICAEW has reported that HMRC are aware that there are problems with the Bank of Santander’s Bill Pay service which is used by many individuals to pay their self assessment tax liabilities by credit or debit card.

TAX REBATE PHISHING SCAM

HMRC are warning taxpayers not to fall victim of scam emails sent by fraudsters. In 2012 taxpayers reported almost 80,000 tax rebate phishing emails and HMRC took action to close down 522 illegal sites.  
HMRC REPORT SELF ASSESSMENT STATISTICS

HMRC have reported that a record 9.61 million people submitted their self assessment tax return on time this year.  

HMRC WIN FURNISHED HOLIDAY LETTINGS TEST CASE

HMRC have been successful in a test case which considered the tax reliefs available for Furnished Holiday Lettings (FHL).  

SHARED PARENTAL LEAVE

Proposals to change the way parents can share maternity leave have been outlined as part of the Children and Families Bill.

TACKLING LONG TERM SICKNESS ABSENCE

The government has announced proposals to introduce a new independent assessment and advisory service aimed at getting people back to work.

HEALTH AND SAFETY REFORMS

The government has announced that they have made significant progress in reforming Health and Safety requirements. The government has been working towards implementing some of the recommendations made in the Löfstedt Report in 2011 and the Young Report in 2010.

CHARITIES ONLINE GIFT AID SERVICE

HMRC have announced that claiming gift aid repayments will be quicker and easier for charities and sports clubs from April 2013.