HMRC recently announced that for smaller businesses, the relaxation of PAYE reporting requirements has been extended to April 2014. This deadline has been extended after many businesses were struggling to implement the new system in time for the original deadline of April 2013. Despite the extension of the deadline, small businesses are still required to report PAYE in ‘real time information’ at least … Read More
The way PAYE is reported to HMRC changes significantly from April 2013 and employers are expected to be compliant from the start. We’re running a series of free breakfast sessions (including breakfast!) and the next one is on 21 March 2013. Book here to secure your place and prepare yourself for the changes ahead. Curo March 2013.
Real Time Information is almost upon us and employers need to be aware of the changes that will affect them. We are running a number of free breakfast sessions covering the essentials of RTI and our tax team will be on hand to answer your questions or provide one to one sessions afterwards. http://tinyurl.com/bz6rg2r If you would like to discuss … Read More
There’s lots of evidence that many businesses still aren’t prepared for the event of Real Time Information. If you use a payroll service such as an accountant, check that all employee information they currently hold is correct. If you run your own payroll function, ensure that your your payroll software is/will be RTI compliant and that your records are accurate, specifically around: … Read More
We’re delighted to be presenting at the Bromsgrove Chamber of Commerce lunch on 21 November at the Holiday Inn, Bromsgrove. Tax partner Julia Whelan will be explaining what Real Time Information means for your business and how best to prepare yourselves for the changes ahead. Julia will also cover pension auto enrolment, changes to capital allowances, PPI, child benefit and what’s … Read More
On a phased basis which started on 1 October 2012, employers will be required to automatically enrol employees into a pension scheme, starting with the largest employers first. If you’ve not already had a letter, the Regulator will write to all concerned 12 months before the ‘staging date’ with details of what is required so in theory there should be … Read More
Does Real Time Information (RTI) sound familiar? If you are an employer or pension provider, it soon will and it’s something you need to get to grips with. And fast! From April 2013, HM Revenue & Customs is introducing a new way of reporting PAYE for all employers and pension providers. You’ll need to tell HMRC about PAYE payments when … Read More