HMRC’s Pay As You Earn (PAYE): service availability and issues has been updated with the following:
Planned downtime
Due to a major upgrade to the National Insurance and PAYE Service (NPS) the majority of services in the Personal Tax Account (PTA) will be unavailable from midday Friday 13 October 2017 to midday Sunday 15 October 2017.
This affects PAYE and self-assessment.
HMRC apologises for the inconvenience.
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2018 processing calendar available to download 20 October 2017
Bacs provide this valuable tool to ensure processing dates don't get missed over holiday periods; it’s a good time saver as it provides Julian dates needed to process your payment files.
The Bacs 2018 processing calendar is now available from the Bacs website - download your copy here .
Helpful tips for processing payments and using the calendar:
You can submit your payment files up to 30 calendar days before the processing date. If you do submit your files in advance, please bear in mind that ADDACS (Automated Direct Debit Amendment and Cancellation Service) and AWACS (Advice of Wrong Account for Credits Service) advices may be received between the advance submission date and the due date Ensure your software reflects Bacs non-processing days. Speak to your Bacs Approved Software Supplier if you are unsure how to do this Make sure all staff involved in processing your Bacs payments are given access to a copy of the Bacs 2018 processing calendar Don't forget to check your payment submissions - you can review your submissions using the Payment Services Website. You may receive the reports automatically through your third party software or if using a bureau, your bureau may check these reports for you. It is your responsibility to ensure these reports are downloaded so be sure you have the necessary processes in place.
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Issue regarding payments from client accounts 23 October 2017
We have been made aware of an issue surrounding the ‘Payment Services Regulations’ which could affect payroll payments and pension contribution payments.
The issue surrounds the Payment Services Regulations 2009 . The regulations prohibit the process of a payment account by third parties for the purposes of the provision of payment services as “a regular occupation or business activity” (if not authorised by the Financial Services Authority (FCA)) and expose anyone in breach to criminal sanction and fines. Payroll and pension payments by their very nature represent a ‘recurring payments requirement’ and count therefore as a payments service. They differ from a one off payment that an accountant might make, for example a repayment of overpaid tax for a client, which they pay through their client money account. The Payment Services Regulations are being developed to tighten up certain areas as a result of the revised EU Payment Services Directive (PSD2). This is required to be implemented in the UK by 13 January 2018. The Treasury has transposed PSD2 into UK legislation in the Payment Services Regulations 2017 .
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
Page 318 of 516
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