Income Tax

HMRC have issued clarification of the requirements of operating annual PAYE schemes in the real-time information (RTI) system.

The Revenue is unable currently to process requests from employers hoping to move to paying annually and register as an annual scheme, or to change their payment frequency. The publish a message on its website when the issue has been fixed.

For a PAYE scheme to be considered annual, it must meet the following requirements.

O’Flaherty v CRC, Upper Tribunal (Tax and Chancery Chamber)

Pike v CRC, Upper Tribunal (Tax and Chancery Chamber)

HMRC hopes to replace class 1 with 2 and 4

Employees are allowed to claim an authorised mileage rate for business journeys and a higher rate is paid for the first 10,000 miles a year

An athletic look at the taxation of non-resident sportspeople’s endorsement income

Companies that offer HMRC-approved employee share schemes must complete the relevant returns by 8 July 2013.

The deadline for sending the enterprise management incentive annual return is 6 July 2013 – which is also the cut-off date for submissions of form 42 by employers with unapproved schemes who experienced reportable events in 2012/13.

S Manley (TC2517)

Speculating about another enterprising move by HMRC to maximise income from Class 1 National Insurance contributions

Employers still expected to meet May deadline

Dr A Gayen (TC2556)

M Healey (TC2591)