HMRC found that most PPE applications are the same each year and often agree on the same conditions. Topics frequently used in an EPI include Christmas parties, working lunches, team building exercises and employee incentive bonuses. Alternatively, if you are currently at the end of a HMRC request for a particular corporate event, we can negotiate with them on your behalf to try to reduce the amount of billing they are trying to force. HM Revenue – Customs (HMRC) has published a consultation paper on ways to improve the current PPE process. There is currently no intention to expand PSA`s scope, the most common items that are included in an EPI are Christmas parties, working lunches, team building exercises and employee incentive bonuses. If you do not have an PPE yet and miss this deadline, it is possible to make a voluntary disclosure and a tally of items that you would otherwise have included in an EPI. However, in certain circumstances, HMRC may impose penalties and collect interest on amounts paid in this way. Alternatively, you may prefer to share your ideas, experiences in PSA treatment and feedback with the ICPP policy team to feed the written response that is submitted. If so, please contact Samantha Mann, CIPP Senior Policy – Research Officer, by policy by October 17, 2016. In advance, your email – Thank you very much. In addition to major events, minor, more mundane cases in which you offer refreshments to staff (excluding tea or coffee) are considered entertainment for staff. Business lunches, team meetings held every Friday at the local pub, etc., are considered an entertainment offer for staff.
If you know that such fees are incurred, be sure to take into account the NIC tax due on your annual pay settlement contract. They must submit an annual calculation of the income tax payable and class 1B NIC. HMRC will verify the calculation and confirm consent if the baseline calculation appears to be correct. Articles contained in an EPI should not be reported separately, for example. B on the payroll or in the employee`s P11D. Instead of being taxed on the worker through the P11D process, they are taxed through this annual compensation to the employer. Instead of not paying Class 1A through P11D (b), the value of benefits is subject to National Insurance Class 1B (NIC) contributions.