The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
Intermediaries can decide how frequently to upload and send reports. This could be weekly, monthly, once for each period, or whatever fits in best with how they work.
HMRC’s report template must be used to create the reports. HMRC has provided an online service to upload and send reports.
Penalties 5 August 2016 is the deadline for the reporting period 6 April to 5 July 2016. If the report is late a penalty will be automatically charged. The amount of the penalty is based on the number of offences in a 12 month period:
£250 will be charged for the first offence, £500 for the second offence £1,000 for the third and later offences. To a maximum of £3,000 per quarter.
If a report is submitted late, but at least 12 months have passed since the last time a report was late, it will be treated as a first offence.
If a report is submitted that is incorrect, penalties may apply. An incomplete report, for example a report where any information is missing, will count as an incorrect report. Penalties for incorrect reports will be determined on a case-by- case basis.
If an incorrect report is replaced before the deadline of the next reporting period without being asked to, HMRC will consider this when they decide if a penalty has to be paid.
Where there is a continued failure to send reports, or where reports are frequently sent in late, a penalty of up to £600 per day that the report is late (more than 30 days), may be charged.
There is a right of appeal and details will be included within the penalty notice.
Employment Intermediaries Reporting requirements provides full details.
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CIPP Survey - Off-payroll working in the public sector - reform of the intermediaries legislation 3 August 2016 April 2017 will for the first time require many more payroll professionals to have a working knowledge of the IR35 rules. This reminder provides the last chance for you to respond to this survey and share your opinions about the proposals included within HMRCs Off-payroll working in the public sector - reform of the intermediaries legislation.
The CIPP policy team have published a short survey to collect your opinions about the proposals included within HMRCs Off-payroll working in the public sector - reform of the intermediaries legislation.
Survey responses will support the CIPP written response to this consultation and the survey will remain open until 10 August 2016.
Budget 2016 announced proposals to reform the off-payroll rules for personal services companies working for a public sector engager. This consultation is about reforming the intermediaries legislation to improve its effectiveness in the public sector. It seeks views on the impacts of this change and design details of the policy, including a new digital process to help determine whether an intermediary is in scope of the rules.
The consultation asks for opinions on:
the scope of the reform of the intermediaries legislation how the reformed rules will work ways to minimise burdens on engagers who are affected.
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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