HMRC have updated their Guidelines for Compliance to help businesses and their advisers understand complex tax rules, particularly in areas that are often misunderstood or unclear.
The latest updates focus on the Apprenticeship Levy and Employment Allowance guidelines, providing essential clarification on how connected entity rules affect these areas. The guidelines are designed to support businesses in correctly reporting the Apprenticeship Levy and claiming the Employment Allowance, specifically for companies, charities, public bodies, and their related organisations.
Key aspects of these guidelines include:
- Clarification of connected entities rules: The guidelines explain how the rules impact both the Apprenticeship Levy and Employment Allowance, offering businesses a clearer understanding of their responsibilities.
- Common errors and pitfalls: Common mistakes employers make when applying these rules are highlighted, helping them avoid costly errors in reporting and claiming.
- Practical advice on identifying connected entities: Employers receive guidance on how to identify which organisations are considered "connected entities" under HMRC's definitions, ensuring accurate reporting.
- Support for public bodies: The guidelines address specific challenges faced by public sector organisations in complying with the rules, offering tailored advice to this group.
- Error correction: Employers are provided with clear instructions on how to rectify any errors in their previous submissions, ensuring they stay compliant and avoid penalties.
These guidelines are part of HMRC’s ongoing effort to provide businesses with practical, accessible support. Employers should use these updates alongside existing HMRC guidance to ensure they meet their tax obligations. The guidelines will be updated periodically to maintain relevance, and more information can be found on the GOV.UK website by searching ‘Guidelines for compliance’.
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