HMRC has temporarily stopped employers and their payroll agents from switching their pay cycles to lessen the administrative burden of RTI.
In new guidance published on its website today, the tax department explained, “There has been a recent increase in the number of employers and agents requesting the registration of PAYE schemes as annual.
“Please note that, at the moment, HM Revenue & Customs (HMRC) are unable process requests from employers to:
- move to paying annually and register as an annual scheme
- change their payment frequency.
“HMRC are working to rectify this position and will publish a further 'What's New' message to announce when this is ready.”
Crunch Accounting flagged up the...