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Income Tax

Employer Bulletin 50, the October 2014 edition of HMRC’s bi-monthly update, includes articles on issues including real-time information penalties, PAYE payment deadlines, vans benefit charge, the student loan threshold, and HMRC helplines. Extracts follow.

Employment payment summary

HMRC have made some changes to the employment payment summary (EPS).

Highlights from the event held at Baker Tilly’s Bloomsbury offices

HMRC publish a technical consultation

But tax experts blame Revenue’s systems

By Ray Chidell and Dave Jennings; £138.50 for both volumes/£87.50 each; paperback; 938 pages; Claritax Books

Stamp duty penalties revised

HMRC are set to launch a test version of their latest web tool for tax advisers, as the department continues to ramp up its digital services.

The offering known as agent online self-serve (AOSS) will be made available by the end of the year to volunteers, to provide access to details of employer PAYE clients’ tax liabilities and payments.

Users will experience:

EMS (Independent Accident Management Services) (TC4006)

The correct tax treatment of a government Access to Work grant

Benefits for non-UK citizens of class 2 National Insurance contributions

HMRC plan to withdraw three extra-statutory concessions (ESCs):

The tax liability on payments made for services that are not provided

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