PAYE Online: charge of the late brigade
It’s to be counted as a success that one of the biggest landmarks of Lord Carter’s programme for filing HMRC documents online passed almost without comment this month.
From 5 April, the online filing of end of year PAYE forms (generally P14s and P35s) became compulsory for almost all organisations. A small number of organisations are exempted from this rule: those using the simplified scheme for domestic employees, those employing home carers, those who object on religious grounds and construction companies that only tick box 28 of the P35 as “CIS deductions suffered”. If these circumstances don’t apply to you, or you haven’t made arrangements to file your returns online, you have less than a month to get organised as returns for 2009-10 must be filed by 19 May 2010.
Organisations with more than 50 employees are also required to file “in-year” forms (P45s and P46s) online, and this requirement will be extended to all firms from next April.
Last minute converts to the online regime are in the minority, as huge numbers of employers took advantage of Lord Carter’s cash incentives to go online early. “This time of the year is very busy for us,” commented Neil Seekings on behalf of the online MyPAYE system. “We are getting several people who are realising they need to do something. One person who runs payrolls for five charities came to us via a partner. He was leaving another product behind and needed to get this done and be on the new system by close of business last week.”
If you happen to be in this boat, or are unfortunate enough to advise clients who may not have been paying attention to their regulatory requirements, this article presents a brief overview of the main action points they need to address. HMRC’s PAYE Online portal provides extensive guidance, and should be the next stop.