A bi-monthly magazine for employers and agents that gives up-to-date information on payroll topics. HMRC’s Employer Bulletin gives a detailed update on all current and future guidance, not least because things are forever moving and changing quickly.

If you are a client of ours, of course, you don’t need to worry about any of this. We get these bulletins and make sure all the changes are implemented, so you don’t have to.

The latest Employer Bulletin (updated early August 2024) contains many updates and includes:

PAYE

• tax calculation repayments for PAYE customers
• PAYE Settlement Agreement calculations 2023 to 2024
• Guidelines for Compliance —  Help with football agents’ fees and dual representation contracts
• operating payroll: Real Time Information for off-payroll working (IR35)
• Payroll Giving
• reporting advances of salary when paid on account of earnings
• P11D and P11Db for tax year 2023 to 2024
• paying Class 1A National Insurance contributions
• improving the Self-Serve Time to Pay service for PAYE and VAT customers

Tax updates and changes to guidance

• Self Assessment threshold change  
• Spotlight 64 — warning for employment agencies using umbrella companies
• Basis Period Reform — reporting on a tax year basis

General information and customer support

• employment related securities — end of year return deadline for employee share schemes
• HTML format of the Employer Bulletin
• getting more information and sending feedback

Above is the latest update from 6th August 2024, that’s how quickly things change! It’s enough to put you off payroll for life, isn’t it? Which is why we are here to take it off your desk. Contact us if you are interested in outsourcing your payroll.