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 “
About Rebecca Benneyworth
Rebecca trained in London with Kidsons and, on qualifying, spent some time as Chief Accountant of a manufacturing company. She now has her own small practice in Gloucestershire that comprises of owner managed businesses and small companies.
She also lectures extensively for a range of professional bodies, accountancy firms, commercial organisations and the Inland Revenue. Demand has grown for Rebecca on the lecture circuit where she is well known for her refreshing, enthusiastic and entertaining presentation style as well as having a practical and down-to-earth approach to tax.