If you already have a PSA with HMRC, all costs associated with COVID-19, which would otherwise be an in-kind benefit for the employee, can now be included in the EPI. This applies to benefits granted during the 2019/2020 or 2020/2021 tax years. PAYA compensation agreements (PAYA) are often used by employers to maintain compliance with employee cost and social benefits procedures. By entering into this formal agreement, an employer can pay any tax due on expenses and benefits to workers through an annual submission and payment to the HMRC. If you don`t have a PSA agreement yet, our team of labour tax specialists can help you set up and contact HMRC to make sure the agreement contains everything you want to include now and in the future. From April 2018, the annual process for renewing PPE contracts has been simplified, so employers are not required to agree to a PSA with HMRC each year if the categories remain the same. Under the agreement, the EPI will remain in place until the employer or HMRC terminates or amends it. In the absence of an extension of the deadlines for concluding a PSA agreement with HMRC, submitting P11D forms or transmitting psa information to HMRC, it is now time to compile the information necessary for the completion of the 2019/2020 returns. Another SBC left without progress. Once again, PSA`s current management has not brought any new information to the negotiating table and if ReBuild does not intervene, there will be no salary outcome for employees in 2020. If HM Revenue and Customs (HMRC) approves your EPI before the start of a fiscal year, you can include all expenses and benefits contained in the agreement. To manage their resources, HMRC requests calculations that are submitted annually until a specified date that may differ by agreement, but which is usually July 31 or August 31.

It is interesting to note, however, that there is no legal time limit for submitting calculations, so no penalty can be imposed for not presenting your calculation until that date. Current Employment – All data on the number of apprentices/graduates after the current and previous year of agreement, by department and by numbers, offered other fixed-term contracts, taking into account the lingering effects of CoVid19 and the increase in important functions of all public sector employees, I ask that DTF, as a declared employer, undertake to obtain urgent authorisation from the firm in order to offer all employees, from the first salary period, 1 October 2020, a fair and appropriate administrative adjustment for all salaried employees covered by the modern public sector agreement SA: Salaried 2017. Electronic payments must delete HMRC`s bank account by October 22, 2020. Employers who have entered into a PAYE billing agreement (PAYA) should ensure that their payment is made to HMRC for the period 2019-20 until October 22, 2020, to avoid interest and late payment penalties. For fiscal year 2019 to 2020, you have until July 5, 2020 to apply for your EPI. If you do not yet have an PPE and have granted your employees benefits to report during the Covid 19 freeze, which should not be subject to tax, you should now apply for an EPI from HMRC.