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In brief, issue 4363

24 July 2012
Issue: 4363 / Categories: News
Students; Royal assent; Tax credits; RTI for expats; CT rates

Students

From 6 April 2013, form P38(S) will be withdrawn and students must be treated in the same way as all other employees for income tax and National Insurance purposes regardless of when they work for the employer.

Royal assent

The Finance Bill 2012 received royal assent and became Finance Act 2012 on 17 July.

Tax credits

Tax credit claimants have until 31 July to renew their claims. If they do not renew in time, payments could stop. For help with renewals, claimants can call 0345 300 3900.

RTI for expats

Frequently asked questions have been published by HMRC aimed at employers operate PAYE in real-time for expatriate employees working in the UK or overseas.

CT rates

There is updated information from HMRC on corporation tax rates and filing company tax returns.

Issue: 4363 / Categories: News
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