There have recently been several updates in relation to RTI so to follow is a reminder and some further updates.
‘What’s New’ messages
Reconciling PAYE charges Sets out the steps employers can take to eliminate some of the most common errors in reconciling their PAYE charge records with HMRC's. Incorrect Mergers Issue with HMRC’s system where if an employee had two or more employments with the same employer had resulted in some employments being merged in error. Employers not reporting PAYE in real time must act now to avoid penalties HMRC is emailing employers who haven't started reporting PAYE in real time, to warn about penalties at the end of 2013-14. HMRC will update their Genuine HMRC contacts Internet page to include a reference to these emails.
Updates to internet guidance
Information you must get right when running your payroll – which now contains detailed guidance on duplicate employments and how to avoid them.
Software packages and other payroll options & Preparing to operate PAYE in real time – which both now include a new section Changing payroll software.
What happens if you don't report payroll information on time – which has been updated to show the staggered start for the introduction of in-year penalties.
PAYE for employers: help for preparing for 2014-15
Two helpsheets are also due to be published in ‘What’s New’ this week which are aimed at helping employers prepare for April 2014 and the changes they will see from 6 April 2014. We will publish the links to these helpsheets shortly.
Employers urged to file Pay As You Earn returns
18 March 2014
More than 70,000 employers are being urged to send employees’ Pay As You Earn (PAYE) information in real time or face penalties, HM Revenue and Customs (HMRC) announced today. Employers who have never used the new system to file PAYE returns in real time are being sent an email this week telling them to do so by the end of the year. As in previous years, if they don’t send HMRC their PAYE information at the end of the year they face penalties of at least £100. The penalty will depend on their number of employees and the length of time involved.
HMRC’s Director General for Personal Tax, Ruth Owen, said:
“Over 99 per cent of PAYE records are being successfully reported in real time and the majority of businesses say they find the new system easy to use. So those who have not begun using the system should not stick their heads in the sand. They need to act now to ensure that they don’t get a penalty at the year end.”
CIPP Policy News Journal
16/04/2014, Page 361 of 519
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