This is where members of the Numerus team will post blogs that share their professional expertise. We’ll also keep you up to date with industry news, focussing on what it might mean for you and your business.
Penalties for late real-time PAYE returns – HMRC have announced how automated in-year penalties for late real-time PAYE returns will be phased in. The HMRC announcement says that: Employers with fewer than 50 employees will face automated in-year penalties for late real-time PAYE returns from 6 March next year. Those who employ 50 or more... View Article
HMRC have issued guidance reminding employers of the need to realign the payment date of a Full Payment Submission (FPS) with the tax month or week if it was reported it incorrectly or if the payday has changed. Aligning payroll to the correct tax period – You’ll have to realign the payment date of your... View Article
HMRC have now published attached version 4.2 of the 2014/15 RTI RIM artefacts, changes document and an updated data item guide. These will be published in the RTI technical pack within the next few days. HMRC report as follows: The changes are within the 2014-15 EPS (version v1.2) and are as follows: • Introduction of... View Article
As part of HMRC’s transition to in-year PAYE Real Time Information penalties for late and non-filing, they are changing their approach to issuing updated penalty notices for the same PAYE non filing default. These changes impact both the 2012 to 2013 and 2013 to 2014 tax years. PAYE for Employers: reduction in penalty notices for... View Article