I have 2 one man companies for whom I set up a payroll scheme purely so that I could apply for a P11D exemption.
Real Time Information
There have been a number of reports recently suggesting that as more employers start to report PAYE information in real time, HMRC’s real-time PAYE reporting syste
Interesting comment today in today's Daily Express which reports that experts have highlighted problems arising from HMRC's RTI PAYE system that was introduced in April.
Limited company contractors who want to pay themselves annually inste
Some interesting comment today from Kate Upcraft, payroll adviser at ISIS.
An HMRC review hailing the successes of the RTI pilot scheme met a storm of criticism from payroll and software specialists who do not take such a rosy view of the online PAYE filing project.
For payroll where I only have one or two directors with a constant salary all year, I filed all my RTI returns early in the year for the whole year.
Not surprisingly given the amount of red tape seems to keep increasing (despite government's stated policy of trying to reduce it....), small and medium-sized businesses have experienced an increas
HMRC this week trumpeted the success so far of its transition to real time information (RTI) for PAYE, with head of RTI communications Jane Brothwood claiming in a blog that more than 1.5m empl
Interesting comment from the National Audit Office ('NAO') today which has identified weaknesses in the RTI tax system and which, it says, need to be urgently addressed.
- RTI troublespots: Low paid directors 42,080 128
- Real Time Information checklist 20,869 12
- RTI payroll software: free options 18,698 21
- RTI troublespots: Starters/leavers, CIS, NMW & multiple FPSs 17,568 34
- RTI fears for owner-managed businesses 17,240 23