HMRC will apply interest and late payment penalties where the employer is late paying over corrected amounts. Employers will be expected to make payments which are due, on their next PAYE payment, following the correction. Payments will be due to be made on payment of PAYE following the correction. The CIPP recognises that, particularly at present, payroll professionals are extremely busy individuals, and would really appreciate it if you could spare the time to complete the survey to feed in to the future of the operation of the CIS, and to have your say. The survey will take approximately 20 minutes to complete, and will close at 23:45 on 31 July 2020.
CIPP comment - date for your diary
The policy and research team will be hosting a virtual think tank roundtable on 6 July that will enable HMRC officials to meet with CIPP members to discuss the details of this consultations and gather views and experiences. An invitation is to be send out in the coming weeks to all full, fellow and Chartered members. But to register your interest in advance please contact the team by email to policy@cipp.org.uk
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CIS survey reminder: Tackling abuse within the Construction Industry 22 June 2020
A reminder to readers that the survey in relation to HMRCs consultation on tackling abuse within the construction industry is live.
Do you operate CIS suffered via your payroll? If so, are you aware of the changes that will be implements from April 2021?
From 6 April 2021, HMRC will have the power to amend an Employer Payment Summery (EPS) whereby they believe the deductions for CIS suffered are false or incorrect.
The survey asks your opinion on how this would affect you, including the timescales and evidence required posed by HMRC.
CIPP comment As well as running this survey, the CIPP’s Policy and Research team are holding a virtual think tank roundtable on 6 July 2021. You can register your interest by emailing the team at policy@cipp.org.uk
The Policy and Research thank you in advance for your assistance and commitment in completing this survey and the results will be used in our response to HMRC’s consultation on this topic.
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The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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