Recent Payroll News
PAYE – Late Payment Penalty Warning
This is just to make you aware of the new changes with HMRC for Tax Year 2010-2011.
HMRC have brought in changes to Tax Year 2010-2011 regarding the PAYE Monthly payments. You may be liable to a penalty if you pay late more than once in a Tax Year, or if you pay late by six months or more.
Your PAYE needs to be paid by the 19th of each month. If you pay electronically then it has to reach HMRC by the 22nd.
There is more information on the HMRC website regarding Penalties, please see below for the web page link. This will explain the deadlines and penalties in more detail.
www.hmrc.gov.uk/paye/file-pay/payments/deadlines.htm
New Starter News
HMRC have recently changed their views of new employees without form P45 or P46. Previously we have been instructed by HMRC to tell them that no form has been provided and to tax the new employee using BR week1/month1.
HMRC’s new rule on this is that if an employee does not provide form P45 and does not complete form P46 then the employer MUST complete section 1 to the best of their knowledge on the employee’s behalf and use BR on a cumulative basis.
Further guidance can be found on page 29 of Employer Helpbook E13 (2009)
HMRC NEW BANK DETAILS
On 6th April 2009 HMRC’s new bank account details were made official. All payments of PAYE should now be made to the following accounts;
PAYE/NIC (Cumbernauld) Sort Code 08-32-10
Account Number 12001039
PAYE/NIC (Shipley) Sort Code 08-32-10
Account No 12001020
Account details for other taxes such as VAT and Corporation Tax have also changed. Please visit the HMRC website for details of the new accounts.
Have you received scam emails offering tax refunds? Visit HMRC website to review their official advice.
ACAS Code of Practice
Although the new ACAS Code of Practice n dispute resolution comes into effect on 6 April 2009, transitional measures allow tribunal claims to be lodged under the old regime until October 2009. In addition to the code, ACAS have produced a very useful guide Discipline and Grievances at Work that is intended to replace the existing ACAS Advisory handbook - Discipline and Grievances at work. The appendices at the back of the guide will prove particularly useful to line managers.
Online benefits advice tool
DWP have introduced an online benefits tool that allows individuals to answer simple questions about their circumstances, get advice on 28 different state benefits and take this through to an online claim.
