Tax Updates and Changes to Guidance Issue of the Employer Bulletin
Team Zipp Tax2 min read
As the year draws to a close, employers and business owners eagerly await updates and changes in tax regulations that may impact their operations. The December 2026 issue of the Employer Bulletin, available on the UK government website, serves as a valuable resource for employers seeking insight into the latest tax updates and guidance. In this blog post, we will highlight key takeaways from the bulletin and explore how these changes may affect businesses.
Employment Tax Updates:
The Employer Bulletin features several updates regarding employment taxes. One of the most notable changes is the introduction of the National Insurance Contributions (NICs) relief for employers hiring veterans. Started back in April 2024, employers will be able to claim NICs relief for the first 12 months of employment for eligible veterans. This relieves some financial burden on employers and promotes the hiring of veterans, recognising their valuable skills and contributions to the workforce.
Another important update relates to changes in the Construction Industry Scheme (CIS). The previously published bulletin from 2024 outlines that from March 2024, the process for submitting CIS monthly returns and making payments will change. Employers will be required to use the new "CIS online service" to meet their obligations. It is crucial for employers in the construction industry to familiarise themselves with these changes well in advance to ensure a smooth transition and compliance with the new regulations.
Guidance Updates:
Alongside tax updates, the Employer Bulletin also provides valuable guidance on various employment-related matters. One area of focus is the application of off-payroll working rules, commonly known as IR35. The bulletin emphasizes the importance of correctly determining employment status to ensure fair taxation and compliance. Employers are advised to use the online CEST (Check Employment Status for Tax) tool, which helps determine whether individuals should be treated as employees or self-employed for tax purposes. This guidance aims to address any concerns or uncertainties employers may have regarding IR35 and encourages proper adherence to the legislation.
Additionally, the bulletin highlights changes to statutory payments, including maternity, paternity, adoption, shared parental, and sick pay. Employers should familiarise themselves with these updates to ensure they correctly administer and calculate statutory pay in compliance with the new guidelines.
Accessing the Employer Bulletin and Seek Expert Advice:
To access the comprehensive tax updates, guidance, and other valuable resources contained in the Employer Bulletin, visit the official UK government website and navigate to the relevant section. It is crucial for employers and businesses to stay informed about tax updates and changes in guidance to comply with regulations, avoid penalties, and make informed financial decisions.
While the Employer Bulletin provides a wealth of information, it is advisable for employers to seek expert advice or consult professional accountants, tax specialists, or legal advisors to fully understand the implications of the changes and how they may specifically impact their unique business circumstances. These experts can offer personalised guidance, ensuring businesses remain in compliance and make the most of the available tax relief opportunities.
Conclusion:
The Employer Bulletin offers employers invaluable updates on tax regulations and guidance, equipping them with the knowledge needed to navigate the changing tax landscape. Whether it's the introduction of NICs relief for veterans, changes in the CIS submission process, or updates to statutory payments, staying up-to-date and compliant is