HMRC Employer bulletin April 2018
Released 11 April 2018
HMRC have published their Employer bulletin: April 2018 – a bi-monthly magazine for employers and agents giving up-to-date information on payroll topics.
The April 2018 edition includes:
•Reporting expenses and benefits in kind for the tax year ending 5 April 2018;
•PAYE late filing penalties for the tax year ending 5 April 2018;
•Simplifying PAYE settlement agreements;
•Net of foreign tax credit relief scheme;
•Earlier year updates;
•Diesel supplement increase and introduction of the real driving emissions 2 standard;
•Construction industry scheme – helpful reminders for contractors;
•New rules for termination payments made on, or after, 6 April 2018;
•Pension contribution increase;
•New National Insurance number letter;
•Soft drinks industry levy;
•Scottish income tax;
•Childcare vouchers to remain open to new entrants for an additional 6 months;
•Would you like to help us develop GOV.UK websites?
•Benefits in kind with cash allowances, flexible benefit packages and salary sacrifice.