CIPP guide to RTI: Overview part two
In February, as I concluded part one of this article, I promised I would look at how to amend information you have already submitted to HMRC, so that is where I will start, explains Helen Hargreaves.
If you need to amend a return you made in a previous tax year, how you do this depends on whether the original return was made using forms P35 and P14, or submitted in real time using a Full Payment Submission (FPS) or Employer Payment Summary (EPS).
Correcting information submitted on forms P35 and P14
As is the case now...
Register with AccountingWEB for free to read the rest of the article, which includes:
- Correcting an FPS submitted in the previous tax year
- Earlier Year Update (EYU)
- Using the right tax code for new employees
- Contacting HMRC after RTI goes live