This month in tax: May 2021

Ask ICAS webinars is generally held on a Thursday morning at 11 am for a one-hour, topical webinar. Details and sign-up can be found at ICAS webinars.

Ask ICAS: 13 May 2021 at 11am: Spring Tax Update part 2 – Business and employment taxes

Ask ICAS: 6 June 2021 at 11am: Spring Tax Update part 3 - calls for evidence on the Tax Administrative Framework and Timely Payments – the tax team will outline some of the proposals in the government’s calls for evidence – and we’d be delighted to have your input and feedback. These papers are looking for views that will influence tax administration for many years.

Here are the remaining ICAS Insights events for May 2021:

ICAS Insights: 6 May at 12 Noon: Ending workplace stigma linked to mental health  

ICAS Insights: 11 May 2021 at 11am: How to empty your “stress bucket”

Attendees will be able to take advantage of a live Q&A with the webinar presenters or send in their queries in advance to dmenzies@icas.com to be answered live.

Catch up on all previous Ask ICAS webinars.

Please note that all the feedback we have received from members during webinars, in Q&As and on a day to day basis is in turn being fed into Government insofar as it relates to policy and to HMRC insofar as it relates to operational and practical matters.

Please note that views and opinions expressed by speakers at ICAS webinars are their own and not necessarily reflective of ICAS’ views.

Never miss a webinar.

ICAS teams have been working across the board to bring you as much up to date information as possible in one convenient place. The hub is updated as and when anything develops – try taking a look for further information.

If you have missed one, you can usually catch up later.

Employers – what’s new for 2021-22: Find out about the new rates for National Insurance, National Living Wage/National Minimum Wage and statutory payments, changes to expenses and benefits, and Student Loan deductions. Plus, information on homeworking, employees working in the EU or coming to work in the UK from the EU and more.

Register here

Payroll: annual reporting and tasks: We’ll cover the actions you need to take at the end of the tax year, sending your final Full Payment Submission (FPS), issuing P60s and setting up your payroll records for the new tax year.

Register here

Making Tax Digital – digital links: Making Tax Digital businesses need to have digital links in place for their first VAT return period starting on or after 1 April 2021. Sign up for one of our webinars where digital links will be fully explained and you can learn how to meet the appropriate requirements.

Register here

Off-payroll working rules from April 2021: Status Determinations and Disagreements

Choose a date and time

Off-payroll working rules from April 2021: Contractors

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Off-payroll working rules from April 2021: the public sector, and medium and large sized organisations.

Choose a date and time

Off-payroll working rules 2021 – international matters

Register here

Off-Payroll Working Rules from April 2021: Engagement

Register here

Off-payroll working rules from April 2021: Fee-payer responsibilities

Register here

Loan charge compliance and further information

Register here

HMRC has an online customer forum where you can post questions on a range of tax topics that are answered by HMRC experts. The forum now includes “PAYE and Payroll for Employers”.

ICAS Members are encouraged to join this.

The Knowledge Base is a new feature which contains answers to FAQs on a variety of topics and where you can find information on a number of subjects to help with tax matters. Content is regularly updated and new material added.

Anyone can view the forum. To post a question, simply register and create a profile.

A registered forum member can:

• View posts
• Add or post topics / questions

The ICAS tax team responds to many consultations on tax issues and welcomes members’ views to assist in preparing responses. If you have any comments on open consultations let us know.

Details of current consultations on tax issues can be found here:

• HMRC open consultations
• HM Treasury
• Scottish Government