Tax Editor Rebecca Benneyworth summarises the issues raised by the Treasury/HMRC consultation on real-time PAYE information and the phase 2 proposal for centralised deductions.
It seems a long time since we debated the proposed changes to the PAYE system, released for consultation on 27 July. The closing date for responses is 23 September 2010, and we at AccountingWEB.co.uk will be submitting a response to the consultation in the next week or so.
The responses to my last article setting out the proposals in some detail were pretty much split on whether the suggested developments would work or were even necessary, but of course developments since then perhaps shed a different light on things.
To recap briefly on the proposals; the consultation is entitled “