Special rules apply under the IR35 regime if intermediaries were unable to finalise timely calculation of deemed end-of-year payments to PAYE and National Insurance (NI) contributions.
Intermediaries have until 31 January to submit amended returns showing the final figures and to pay any additional amount, provided a payment on account of the estimated tax and NI for 2012/13 was made by 19 April 2013, supported by a P35 showing provisional figures.
Interest will then be levied on late payments made after 19 April 2013, but no penalties will be charged if:
Littlewood Hire Ltd (TC2975)
LexisNexis’s Payroll Alliance has launched an online survey on real-time information, after the payroll management information service’s members expressed concerns about adjustments they have had to make.
Is the exemption for employee-shareholder shares effective for National Insurance purposes?
Lack of formal records is not always fatal to a claim for tax-free mileage allowance
New PAYE payment booklets for 2014/15 will be issued between 14 December 2013 and 31 March 2014, HMRC have said, with the result that the department will be unable to issue the 2013/14 equivalents.
Requests for a 2013/14 booklet made between 14 December 2013 and 17 January 2014 will be settled by 27 January 2014. Requests made from 20 January 2014 will be handled normally.
Employers who have a payment to make by19 December 2013 and/or 19 January 2014 should use the online facilities to make payment if they do not have a payslip, said the Revenue.
HMRC seek views on revamped direct collection rules
National Insurance; capital gains tax; social investment tax relief; creative industries; avoidance; Charity Commission
D McWhinnie (TC2977)
HMRC have published two draft documents as part of the National Insurance (NI) Contributions Bill: arrangements for claiming the employment allowance from 6 April 2014, and regulations for offshore employers and oil and gas workers on the UK continental shelf.
The arrangements set out how employers will be able to claim the allowance of up to £2,000 against their secondary class 1 NI liability.
A client works as a surveyor, his income substantially from one customer
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