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In brief, issue 4364

31 July 2012
Issue: 4364 / Categories: News
RTI FAQs; Benefits forms; Car benefit; Insolvency; COMPS


HMRC have updated the frequently asked questions from employers relating to using PAYE online when they start to operate PAYE in real time.

Benefits forms

Employers who did not submit forms P9D, P11D or P11D(b) by 19 July 2012 will receive reminders that they may already have incurred a late filing penalty. This penalty will continue to increase until HMRC receives the forms or are notified that none are due.

Car benefit

HMRC have updated the company car and car fuel benefit calculator to reflect the increase in the car fuel benefit multiplier from 6 April 2012.


The latest version of VAT Notice 700/56 Insolvency has been published. The notice cancels and replaces the previous version in May 2012. Details of any changes to the previous version can be found in paragraph 1.1.


The Registered Pension Schemes (Authorised Payments) (Amendment) (No 2) Regulations 2012 (SI 2012/1881) – taxation of partial refunds for members with short service, have been laid before Parliament, coming into force on 8 August. The regulations relate to former contracted-out money purchase schemes (COMPS).

Issue: 4364 / Categories: News
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