17 July 2014
Guidance on the HMRC website has been updated to clarify the reporting requirements for when an employee leaves, but it doesn't become apparent until sometime later.
This guidance shows that it is now acceptable to show the payment date as either the current FPS payment date or the last date the employee was paid. If using the date the employee was last paid, include a late reporting reason 'H' - correction to an earlier submission.
Real Time Information: failure to complete end of year declaration
28 July 2014
HMRC have now provided a statement about the small number of employers who did not complete the end of year questions and declaration when submitting their final FPS for 2013/14.
The HMRC message follows:
"HMRC expects all employers to comply with their legal obligations. Where the final indicator is not completed, but all other obligations are met, HMRC will process the return and calculate the final liability accordingly. Employers who fail to complete the end of year questions and declaration will miss an opportunity to demonstrate their low risk status in every respect. This failure will feed into compliance risk assessment processes. Currently, there is no specific planned activity to contact employers who failed to complete the final submission indicator. We are continuing to educate employers to make sure their RTI submissions are full and complete, and meet their legal obligations. However, we will monitor the situation and consider whether any further action is required in future." CIPP comment We would advise members to check whether they and/or their clients completed these end of year tasks, and if needs be to contact HMRC to rectify the position. It would also be advisable to make a note to ensure that this obligation is not overlooked in future.
New HMRC guidance on what payroll information to report to HMRC
29 July 2014
HMRC have published updated guidance on what employers should include in their FPS and EPS submissions.
The guidance confirms the detailed entries required in FPS and EPS reports.
Call for real time information relaxations
6 August 2014
The Chartered Institute of Taxation (CIOT) makes this call in its submission to the review of the competitiveness of tax administration in the UK being conducted by the Office of Tax Simplification (OTS). The CIOT announcement says that their clients find real time information reporting “too prescriptive, time consuming, and even unworkable”. They are seeking a permanent concession to allow small employers to report monthly, rather than at the time of each payment of salary or wages.
CIPP Policy News Journal
08/04/2015, Page 314 of 521
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