The statement is scheduled to be included in the next issue of the Employment-related shares and securities Bulletin. The statement will also be incorporated in the relevant PAYE guidance in due course.
Click the link below to read the statement.
Ex-pats and share schemes RTI
PILOT EMPLOYER UPDATE FOR REAL TIME INFORMATION
3 December 2012
HMRC is now publishing the Pilot Employer update on Real Time Information every month.
It is published in PDF format that you can either view or download and print if you don't want to read it on screen. It is designed to give employers and agents in the pilot the latest information on operating PAYE in real time.
You can view issues of the Employer update below. Starting with September 2012, issues will remain available for six months.
Latest issue - Pilot Employer update October 2012 issue - Pilot Employer update September 2012 issue - Pilot Employer update
REAL TIME INFORMATION - 'RTI AT A GLANCE’ GUIDE FOR EMPLOYERS
7 December 2012
HMRC has designed a tool for employers which outlines the key changes to PAYE and highlights what employers need to do to be ready to start reporting PAYE in real time.
From 6 April 2013, all employers (except where HMRC has specified a later date) will have to start reporting PAYE information in real time. You will have seen this referred to as Real Time Information or RTI. With only four months to go, HMRC want to make sure all employers are ready for the switch to real time information (RTI). HMRC has specified a later date for the switch to RTI for businesses with over 5000 employees on their payroll and has contacted these very large employers to agree later start dates with them. Most of these large businesses will start to report PAYE in real time between June and September 2013. All employers will be required to report PAYE in real time by October 2013. In October, HMRC wrote to all employers telling them about RTI and to advise them on how to get their business ready for the changes. They will write to all employers again in February with a final reminder of the steps they need to take to ensure they are ready on 6 April 2013. However, from HMRC customer research, they know that employers also look to trade bodies and others who represent their particular interests to keep them up-to-date on tax changes that may affect them. RTI at a glance HMRC hope that CIPP members will find the attached guide which outlines what’s changing useful. It is designed to be a useful tool for employers which outlines the key changes to PAYE and highlights what employers need to do to be ready to start reporting PAYE in real time.
CIPP Policy News Journal
12/04/2013, Page 203 of 362
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