Credit on PAYE Account

In early July the HMRC sent out a number of ‘Credit on PAYE Account’ letters to businesses and we have had a number of calls from customers about these letters so we thought it would be a good idea to write a blog about these notifications…

RTI Key Facts Summary

All employers must go through a one-off ‘alignment’ process in order to synchronise their data with HMRC by sending the First Full Payment Submission or, if appropriate, an Employer Alignment Submission Where there are adjustments to be made to the employer’s liability to HMRC at the end of a tax … Read More

Non-Compliance is NOT an Option

HMRC confidently states that: “RTI will make it easier for employers, pension providers and HMRC to administer RTI will remove administrative burdens of £300 million a year from employers, mainly from the abolition of the end-of- year PAYE returns process – the biggest single contribution that any tax change could … Read More

Data Cleansing

Providing HMRC with accurate employee information helps ensure that employees pay the right amount of tax and National Insurance Contributions (NICs). It also helps protect their entitlement to certain state benefits. Accurate data will help employers save time as they’ll receive fewer enquiries from HMRC and their employees. Very little … Read More

5 Steps to Prepare for RTI

1. Don’t Panic and start preparing your business now. The majority of businesses will need to start reporting under RTI from April 2013. HMRC will move larger companies onto RTI between May–September 2013. It is recommended that the required changes to payroll processes and procedures, including assessing current and/or introducing … Read More

RTI Terminology

‘There are a few new terms being used in regards to RTI and need explaining what they mean’. EAS – Employer Alignment Submission: Larger employers will have to submit an Employer Alignment to HMRC as soon as possible after they receive the invitation to join RTI. The EAS must be … Read More