Katy Christiansen, Employment Law Reforms, P35 Filing Penalties (again), IR35, International Tax Treaties and RTIMonday, November 28th, 2011
It is nearly that time of year again, not long to go now. Up and down the country, sleepless nights are becoming more and more frequent and wish lists are being prepared, waiting for that special man. What treats will he have for me this year? Only a few more hours – George Osborne delivers his Autumn Statement 2011 on 29 November to the House of Commons. As for my wish list, let’s just hope he makes things nice and simple and leaves us pretty much alone. We already have enough to contend with in 2012, Mr Chancellor!
The Learn Centre will be digesting the Autumn Statement and presenting its summary on the 30th. If previous years are anything to go by, we do not always have the full information on the morning after, however, we will provide what we have, followed-up with fuller information in next week’s Newsletter.
I thought that this week would be quite quiet; however, there are some really interesting articles this week. HMRC have issued their response to the stream of Tribunal cases about penalties and then the Department for Business, Innovation and Skills (BIS) gave us plenty to think about with talk of forthcoming employment law reforms. Our continuing story of Real Time Information (RTI) brings us almost up-to-date, pausing for a summary of the situation so far. We are waiting for HMRC to send clarification of some points and will make this information available when we have it.
Importantly, there is a request for more volunteer employers in the RTI pilot. The closing date for applications is 30 November; however, employers must remember that your involvement will depend on your software’s RTI capabilities. Also, RTI involves a huge exchange of personal information with HMRC and there may be Data Protection issues you should consider and may wish to discuss internally.