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Tax News

HMRC's policy paper on simplification update for January 2024

Published on: 17 January 2024
Published by a

Specialist Tax Regulatory Materials

Article summary

HMRC has published details of a new Online service for employees to claim tax relief for expenses. In addition the reporting and paying of income Tax and Class 1A National Insurance Contributions (NICs) on benefits in kind via payroll software is to be mandated from April 2026.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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