HMRC intend to increase online filing requirements for PAYE
Employers are currently required to make an annual online return of all payments made to employees.
HMRC have however proposed more frequent PAYE returns on the basis that it would increase the accuracy of PAYE deductions.
In addition this information will be required by the Department of Work & Pensions in order to assess an employee’s entitlement to Universal Credit, when this is introduced.
In a consultation document last year HMRC outlined their proposals which would require all employers to submit online returns of PAYE information each time an employer makes wages payments. The NFU, along with many other respondents, responded opposing the proposals on the basis they would impose an a significant additional burden on small employers, particularly those in rural areas with poor broadband access. HMRC did however decide to proceed with their proposals and late last year published draft legislation. The NFU has strongly condemned the draft legislation because of the lack of an exemption from further online filing for rural businesses with inadequate broadband access. Our full response can be viewed to the right of this page.
No comments have been made.