Agent Update 60 published

HMRC is still interested to learn agents’ views on Agent Update and has extended the deadline for comments to 14 July (digitalsupport@hmrc.gsi.gov.uk) The latest edition is on HMRC’s website.

Automatic enrolment

On 6 April 2018 the minimum amount employers will have to contribute will be 2% of their staff’s pay and the amount their employees put in will rise to 3%.

On 6 April 2019 this will rise again to a 3% contribution from the employer and 5% from the employee. For more information visit The Pensions Regulator (TPR) website at here.

In addition from October 2017 all new employers will have automatic enrolment duties from the date they hire their first member of staff. See TPR website at here for more details.

Email submission

HMRC’s collective investment schemes centre has set up mailboxes for the electronic submission of reporting...