Tax Payments
For those making tax and national insurance payments on 31 January 2010 HMRC are reminding that their bank details changed last year.
Using your own car for work
HMRC have updated their guidance on using your own vehicle for work.
Statutory payments
The new Statutory Payment Rates for 2010/11 have been announced. The new rates are as follows:
Scrappage Scheme
The Vehicle Scrappage Scheme is a voluntary scheme for motor dealers under which participating dealers give buyers a £2,000 discount off the purchase price of a new car (or certain types of small van) in exchange for scrapping their old qualifying vehicle.
Tax codes being issued
HMRC are advising employees that between January and March 2010 they will be issuing new PAYE coding for 2010/11. The tax codes should reflect the individual’s personal circumstances and include the tax allowances and reliefs that individuals are entitled to.
Dispensations - new online application form
HMRC have introduced the facility to apply for dispensations online.
Employment Rights - Statutory limits
The limit on the amount of the compensatory award for unfair dismissal is set to decrease from 1 February 2010.
HMRC new scam emails
HMRC have issued a warning about a new scam email which is being sent from 'HMRC Online Services – test@test.com' stating that the recipient has one new ALERT message and should log onto their Online Account to read the message.
The Tax Health Plan (THP)
HMRC have obtained information from various sources, including NHS trusts, private hospitals and medical insurers and are introducing the THP as an opportunity for medical professionals with tax to pay to get their affairs up to date with the benefit of a fixed penalty.
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