Company cars - advisory fuel rates
The advisory fuel rates for company cars to operate from 1 December 2011 have now been published.
Move to online – receiving P9 and P6 forms electronically
Are you still receiving your employee PAYE coding forms on paper? If so read on.
Many employers have told us how much more convenient and efficient it is for them to receive codings electronically than on paper, and that they wished they’d done it sooner!
Once you register for HMRC’s ‘PAYE Online for employers’ service, HMRC will automatically stop sending you forms P9 and P6 ‘Notice of the tax code to use for an employee’ by post and will automatically send them to you online.
To access the forms that HMRC sends to you online, you can
- Use a commercial software product
- Log on to the ‘PAYE online for employers’ service on the HMRC website and choose either; ‘tax code notices’, ‘student loan notices’ or ‘employer notices’. We strongly recommend that you provide the service with an email address, so it will send you an email alert each time HMRC sends you one of these forms.
- Use the PAYE Desktop Viewer (PDV). This is an application that you can download and install from the HMRC website. It is particularly suitable for employers expecting a large number of forms.
For more information – go to P9 and P6 - electronic
More employers needed to join RTI pilot
We announced an additional 1,300 employers are wanted to join the Real Time Information (RTI) pilot in July 2012.
To enable plenty of time for testing, HMRC already has 300 volunteer employers lined up for the pilot, starting in April 2012.
Chancellor’s Autumn Statement – Employer asset backed pension contributions
Legislation has been introduced under Finance Bill 2012 to ensure that the amount of tax relief given to employers using ABC arrangements reflects accurately the total amount of payments the employer makes to the pension scheme directly or through a special purpose vehicle (for example a partnership). This measure will have effect on and after 29 November 2011. Find out more in the Chancellor's Autumn Statement.
Technical Team
2 December 2011