Digital quarterly updates

Following concerns raised in response to the government’s proposals to ‘Make Tax Digital’ the government has issued a myth buster which hopes to lessen the fears of many regarding the government’s proposals for quarterly updates.

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Reporting PAYE information ‘on or before’ paying employees

HMRC have announced that the relaxation which has permitted some employers with no more than nine employees to report their PAYE information for the tax month ‘on or before’ the last payday in the tax month, instead of ‘on or before’ each payday, is to be withdrawn from April 2016.

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