Employer Bulletin 70, the February edition of HMRC’s bi-monthly update, contains articles on various subjects including end-of-year reporting, employer overpayments, the new rules for termination payments, the apprenticeship levy and managed service companies.

Extracts follow, but for details see here.

End-of-year reporting

The final full payment submission (FPS) or employer payment summary (EPS) of the year – up to and including 5 April 2018 – needs to include an indicator that it is the final submission. Some commercial payroll software does not have this facility, in which case the employer should send their last FPS and then forward …