Update for employers and their employees

HMRC’s latest Employer Bulletin includes useful updates for employers as we approach the start on the new tax year on 6 April 2018.

The Bulletin includes articles on:

• end of year reporting for payroll and reporting benefits in kind
• P9 Notice of Coding and the system of in year tax code adjustments known as Dynamic Coding
• new rules for termination payments made on, or after, 6 April 2018
• Scottish income tax changes
• a reminder to those paying the Apprenticeship Levy to spend their Levy on Apprenticeship Training
• National Minimum and National Living Wage increases from 1 April 2018.

If you would like help with payroll contact us.

Internet link: Employer Bulletin