HMRC is seeking small employers' help in establishing how much employers know about compulsory online filing of PAYE returns and how well prepared they are for the change scheduled for April next year. All employers will be required to file end of year returns online from 2009/10. Linda Pullan, head of LexisNexis Payroll Alliance, urged small employers to complete the survey and tell HMRC about their concerns about filing online.
"HMRC's online services have improved significantly year on year," Pullan told TPT. "The difficulty for HMRC is that incentive payments have ended, and there appears to be a significant number of small employers who have not filed online despite the incentive."
The current issue of Tolley's Practical Tax newsletter (14 August) has more on this and other developments including:
- Tax and earn-outs – an introduction. Craig Rowlands and Jo Quelch of KPMG explain why careful tax planning is essential on the sale of a company.
- ICAS hits out at "absurd" timetable for move to XBRL. Professional bodies call for delay in "mandation" for filing accounts online in new format .
- HMRC has "no plans" to offshore tax return IT services.
- Small companies CT "simplification" proposals are dropped.
- Joint guidance for agents follows "tax hack attack" reports.
- New disclosure opportunity – initial guidance.
