More than 70,000 employers have been warned that they face penalties unless they submit employees’ Pay As You Earn (PAYE) information in real time. Employers who have never used the new Real Time Information (RTI) system to file PAYE returns … Continue reading
Category Archives: Latest News
New deal to make bank account comparisons easier
Major current account providers have signed up to an agreement that will give customers their account data in a simple, standardised format that can be used in comparison sites for the first time. The agreement, brokered by HM Treasury and … Continue reading
Taxpayers warned on NIC debts
People with unpaid national insurance contributions (NICs) have been warned that private debt collectors could be used to recover the money they owe HM Revenue & Customs (HMRC). People paying tax through Pay As You Earn (PAYE) as an employee … Continue reading
Time to act on auto-enrolment, says regulator
The Pensions Regulator has urged small and medium-sized employers to find out when their new workplace pension duties begin, following research showing that many have yet to check when auto-enrolment will affect them. Thousands of medium-sized employers will reach their … Continue reading