Policy News Journal - 2011-2012

number notification will be triggered. This will be in the format of the NVREP message and will be sent to the trading partner submitting the FPS or EAS. There is no paper equivalent of the NVREP message. It is therefore vital that any trading partner using Electronic Data Interchange (EDI) software to submit the FPS and/or the EAS also has the ability to receive the NVREP message.

STILL TIME TO JOIN RTI PILOT

3 February 2012 (HMRC WEEKLY UPDATE 3 FEBRUARY 2012)

HMRC have issued the latest update in their informal newsletter to stakeholders which includes important details on how to volunteer to join a later phase of the Real Time Information pilot in 2012/13. There is still time to join the Real Time Information pilot We have had a really good response to our request for more employers to join our pilot , but there is still time to volunteer to join the pilot later in 2012-13. If employers join the pilot before March 2013 they: · Won’t have to complete the current PAYE end of year process or (from the time they join) in-year movements · Will have greater levels of support from HMRC for their move to RTI · Won’t be subject to any new penalties to be introduced as a result of RTI, giving them time to adopt RTI and get things right before the RTI penalties legislation is implemented How to apply Employers should speak to their software provider to see if they are participating and let them know they would like to join the pilot in November 2012. The providers will then approach our RTI team on the employer’s behalf. The team will then contact the employer to discuss their business in detail to see when it would be most appropriate for them to join RTI. There is more information on Real Time Information, what it means for employers and what they have to do to be ready at: Getting ready for RTI HMRC WITHDRAWS PLANS TO INTRODUCE A LEAVER STATEMENT INSTEAD OF A P45 6 February 2012 Plans to introduce a leaver statement instead of a P45 have been withdrawn after consultation about Real Time Information (RTI), HM Revenue & Customs (HMRC) revealed today. Regulations, as originally drafted, introduced a leaver statement for employers in RTI to use in place of the P45 when employees moved jobs. Following the consultation and a workshop with employers and representative groups including the CIPP, HMRC will retain the P45 for all employees. Read the full story

CIPP Policy News Journal

09/10/2012, Page 137 of 234

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