Employment taxes update: August 2014

In this month's round-up of employment tax issues, Lesley Fidler, associate director at Baker Tilly, analyses the Figgs case on relocation expenses, RTI warning letters and HMRC website migration to gov.uk

Disclosure opportunity for second incomes

HMRC has launched a ‘second incomes’ voluntary disclosure opportunity to encourage employees with subsidiary sources of income from self-employment (former ‘D in E’ cases under the old scheduler system) to declare their untaxed, but taxable, income.

HMRC told Accountancy that ‘the second incomes campaign doesn’t have a specified closing date. Because it is a large and diverse population, we expect it to run for two to three years or more’.

The helpline number is 0300 123 0945 to discuss the scheme.

The disclosure scheme is also being promoted with a YouTube video explaining the concepts of PAYE, employment and self‑employment.