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HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

HM Revenue & Customs (HMRC) has published settlement terms for companies or individuals who have used certain tax avoidance schemes involving remuneration trusts. HMRC report that these schemes do not work to deliver the ‘tax free’ environment they claim and that the scheme design may have a fundamental flaw resulting in no valid transfer of funds to a trust. The settlement is only open for individuals or companies whose scheme use meets certain criteria which are set out fully in the terms. The settlement opportunity will be open for applicants until 31 July 2022.

11 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has published its Managing Pension Schemes service newsletter for April 2022 to update stakeholders on the latest news for pension schemes.

HMRC has updated its guidance to explain how repayment and late-payment interest rates are set.

HMRC has issued new guidance regarding the information it may publish on tax avoidance schemes, promoters, enablers and suppliers of these schemes. This includes a ‘current list’ of named tax avoidance schemes, promoters, enablers and suppliers.

The Financial Secretary to the Treasury has issued a written statement that announces that the government will introduce legislation in Finance Bill 2022-23 which exempts sponsorship payments made under the Homes for Ukraine scheme from income tax and corporation tax. In addition, the payments will not be liable to National Insurance contributions (NICs). Reliefs from the annual tax on enveloped dwellings (ATED) and the 15% rate of Stamp Duty Land Tax (SDLT) will continue to be available where dwellings are used under the Homes for Ukraine Scheme.

From 6 April 2022, businesses hiring former members of the UK armed forces in their first year of civilian employment can save thousands of pounds in employee National Insurance contributions (NICs).

These Regulations amend the Social Security (Claims and Payments) Regulations, SI 1987/1968 and the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations, SI 2013/380. These Regulations will introduce a temporary change which will result in the Department for Work and Pensions (DWP) no longer accepting requests for ongoing consumption payments from energy suppliers for either new arrangements or increased payments for DWP claimants. Claimants will still be able to request ongoing consumption payments if they choose to do so, or increase/alter any payments already in place.

These Regulations temporarily increase the Married Women’s Reduced Rate (MWRR) primary Class 1 National Insurance contributions (NICs) by 1.25% for 2022/23.

4 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has issued instructions via the Joint Forum on Expatriate Tax and National Insurance Contributions on the filing on Appendix 7A and Appendix 7B returns.

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HMRC guidance reminds first-time licence applicants for taxi, private hire and scrap metal licences to confirm to licencing authorities that they are aware of their tax responsibilities.

These Regulations increase the maximum amount of Employment Allowance from £4,000 to £5,000 for the tax year 2022-23 and subsequent tax years.

This Order states the annual chargeable amounts of the annual tax on enveloped dwellings (ATED) for chargeable periods beginning on or after 1 April 2022.

HMRC has updated its guidance to reflect the new rates for the Primary Class 1 National Insurance contributions, car advisory fuel rates for 1400cc or less and the employment allowance.

These Regulations amend the National Minimum Wage Regulations, SI 2015/621 to increase rates of the National Living Wage (NLW) and National Minimum Wage (NMW) in line with the recommendations of the Low Pay Commission.

The Presidents of the Employment Tribunals in England & Wales and Scotland have issued a fifth addendum to their guidance on Employment Tribunal awards for injury to feelings and psychiatric injury. The updated presidential guidance increases the Vento bands for making awards for injury to feelings in discrimination claims so that it is aligned with changes to the Retail Price Index All Items Index, which was released on 23 March 2022.

These Regulations amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations, SI 2017/692 to substitute the list of high-risk third countries in Schedule 3ZA for a new list.