Posted Jul 2, 02:07 PM
Real Time Information (RTI) became compulsory for all employers this year. Under this scheme employers have to file details of pay and tax each time they make payments to employers.
A good number of employers have not yet filed anything and HMRC are sending strongly worded letters threatening penalties for non-compliance. If you are employing people but have not filed, clearly that needs to be dealt with. However many employers will not have paid anyone and therefore are not required to file.
HMRC would like employers who have not paid anyone in a month to file a nil return on an EPS (Employers Payment Submission) so that they know the position. However this is not compulsory.
HMRC have also stated that there should be no penalties for late filing in 2013/14.
Whilst it is essential to get your PAYE compliance sorted you should not be pressured by heavy handed correspondence from HMRC.
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- Nigel Messenger, MD, Castleman UK Ltd
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- DH, Haus Digital Ltd
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