Policy News Journal - 2013-14

HMRC STAKEHOLDER UPDATE - NUMBER 21

10 June 2013

HMRC has circulated their twenty first informal weekly update for 2013 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders. PAYE for employers: Basic PAYE Tools - Real Time Information Basic PAYE Tools - RTI has been updated. Version: 13.1.13122.102 was released on 30 May 2013. This introduces functionality to complete and submit an Earlier Year Update (EYU) and to produce and print certain forms, including P45. Employer PAYE - P35 Interim Penalty letters Employers who have not sent their Employer Annual Return before the 19 th May deadline or told us that they have no return to make are being sent letters saying that they may already have incurred a penalty. The purpose of this letter is to give employers the opportunity to file their return before 19 June to stop the penalty increasing. A corresponding letter will be sent to their agents. HMRC has circulated their twenty second informal weekly update for 2013 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders. PAYE Electronic Payments for June Pay your PAYE/Class 1 NIC by 22 June As 22 June is a Saturday, depending on the electronic payment method used, you may need to have cleared funds into HMRC's bank account by 21 June. Final 2012-13 Employer Annual Returns – incorrect submissions PAYE: final 2012-13 returns incorrectly submitted Some employers, using products from one software provider, have sent us their end of year information on the wrong type of submission. Reporting and paying PAYE to HMRC in real time With the next deadline for paying PAYE to HMRC approaching, you may find our Reporting and paying HMRC in real time: getting it right leaflet useful. Real Time Information: record numbers of employers report in real time Press Release 12/06/13 more than 1.4 million employer PAYE schemes are now reporting to HM Revenue and Customs (HMRC) in real time since the launch of new tax reporting requirements in April. After listening to stakeholders, HMRC announced that it will be seeking to extend the temporary relaxation of the new reporting rules for businesses with fewer than 50 employees from October 2013 until April 2014, and that this relaxation will come to an end at this point. The extension means that businesses will not be required to change their approach halfway through the tax year. HMRC STAKEHOLDER UPDATE - NUMBER 22 14 June 2013

National Insurance numbers without suffixes PAYE for Employers: National Insurance numbers (NINOs) without suffixes

Last month we temporarily suspended the issue of NINOs while we investigated why some were being sent out without the final letter (A, B, C or D) of the NINO. This issue has been resolved and we are sending out NINOs again.

CIPP Policy News Journal

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