Tax Update & Employment Taxes Update: October 2008

The monthly round-up of developments in tax, employment taxes, NICs and VAT from a range of specialist commentators.

P45 Changes

From a date as yet unspecified this month, employers will be able to print P45s on plain white A4 paper if they have successfully submitted the P45 (Part 1) online. The printed parts (1A, 2 and 3) should then be given to the departing employee. Regardless of electronic submission to Revenue & Customs, employers are not permitted to provide such information electronically to employees.

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