Policy News Journal - 2011-2012

You may be thinking that you don’t need what appears to be common sense and simple guidance but there may be members of your team who are new to payroll who would benefit. Help and support - addressing the essential data quality issues The materials come in an easy-to-download and customised format to support you, your employees and stakeholders to get it right the first time. PDF is a file format that lets you view and print a document in a style which matches the look and feel of the paper version - including fonts, colours, images and layout. To view these you need to use a PDF file viewer such as Adobe Reader which is available to download free of charge from the Adobe website. How to record employee information accurately Accurate employee information matters - it can save you time Providing your employer with accurate personal information - it's important to get it right How to record pension recipient information accurately Accurate pension recipient information matters - it saves you time and money Providing your pension provider with accurate personal information - getting it right will save you money 21 December 2011 From 16 December 2011 HMRC will be able to accept payments made using the Faster Payments Service. This will allow you to make faster electronic payments, typically via internet or telephone banking, enabling them to be processed on the same or next day. You should contact your bank or building society before making a payment to confirm: · the services available to you · whether there are any single transaction or daily limits on the amount you can pay · their latest cut off times for making a payment When making a payment to HMRC please make sure you always use the correct bank account details and reference number. This will ensure that your payment is received, and will help you to avoid incurring a penalty, interest or surcharge for late payment. You can find further information by following the links below. Faster Payments How to make a payment to HMRC HMRC bank accounts HMRC ACCEPT FASTER PAYMENTS

HMRC ANNOUNCES NEW FACITLITY TO TACKLE SERIOUS TAX FRAUD

CIPP Policy News Journal

09/10/2012, Page 90 of 234

Made with FlippingBook - Online magazine maker