HMRC PAYE update (P35 Penalty Notices, RTI, Countdown bulletin and P6 Forms)
HMRC have provided a further informal update on PAYE related matters for sharing. The update covers P35 Penalty Notices, RTI, Countdown Bulletin Issue 6, Q&A session for Online sellers and P9 Forms.
P35 Penalty Notices
HMRC have worked alongside professional bodies and tax charities and announced a number of measures to help employers avoid PAYE late filing penalties by issuing earlier reminders and improving guidance.
Improving the operation of PAYE – Real Time Information
We told you in the last update (106) that we had published the Tax Information and Impact Note covering Real Time Information (RTI): improving the operation of PAYE.
This is in connection with the following three RTI-related Statutory Instruments:
Countdown Bulletin Issue 6
The final edition of our newsletter about changes to the contracting-out Defined Contribution Schemes has now been published.
Online sellers offered Twitter tax Q&A
People trading on the internet who haven't paid all the tax they owe are being invited to take part in an online Twitter question and answer session.
P9 Forms
We have almost completed the bulk Annual Coding exercise for 2012-13 and the final P9s will be issued this week.
Employers may find that they have received a duplicate P9 for the same individual where the tax code has not changed. This has happened because of a change of circumstances that does not change the code that will operate e.g. the previous P9 issued was for tax code 900T and the code does not change because of the new circumstances reported so a further P9 showing code 900T is issued. We are looking at whether we can prevent the issue of a second coding notice where there is no change for future years. This issue has only affected a very small number of codes.
There are also a very small number of cases where employers may have been notified of a change of code for 2012-13 and then receive a further one where the tax code has reverted to the code operated in 2011-12, despite a change of circumstances. We are looking at these cases now and will correct these as quickly as we can and apologise for any confusion or difficulty this creates for our customers.
Technical Team
23 March 2012
