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Week-long Twitter Q&A for new system; Employer Bulletin 43 summarised
HMRC are to hold an interactive real-time information (RTI) week online between 11 March and 15 March, when department specialists will offer help and support to employers as the new system for reporting PAYE approaches. To take part in the five-day Q&A, follow @HMRCgovuk on Twitter and use the hashtag #RTIqa.
The latest Employer Bulletin, issue number 43, includes information on the introduction of RTI. The Revenue emphasises that preparation should be undertaken now, before the move to the new set-up on 6 April. The article explains what employers should be doing, and includes links to help and support.
The bulletin also reminds employers that they must file their employer annual return (P35 and P14s) for 2012/13 online 19 May 2013, adding that extra-statutory concession B46 came to an end in 2011, meaning the period of grace no longer applies.
HMRC will send from the end of April reminders to employers who have not already filed or said they don’t have to send us a return.
The employer annual return must pass the department’s quality standard validation checks before it can be retained and the details posted on to the employer and employee accounts. The checks include confirming there are entries on the P14s and P35, that no invalid characters have been used, and that the figures on the P35 add up to the totals from the individual P14s.
HMRC suggest that employers make sure a return it has passed checks and not been rejected. If the employer’s software sends a test submission, it must be followed up by sending a live submission. More information can be found on the taxman’s website.
From April, an additional method for submitting end-of-year expenses and benefits forms will be introduced: “Online end of year expenses and benefits forms”. It will enable small to medium-sized employers to submit expenses and benefits information electronically.
The new web forms can be downloaded, and then submitted electronically when completed. They will help employers to enter the correct information and submit it securely through a HMRC electronic channel, the department has claimed.
The new forms will not mirror the paper equivalents but will include all existing questions and boxes as shown on the paper forms. Based on the answers to a set of initial questions, they will then provide employer with only the questions/boxes relating to the information they need to submit.
The tool will cover benefits information currently submitted on P11D, P9D and P11D(b), as well as nil P11D(b) returns. It will also allow employers to submit P11D/P11D(b) forms electronically for expenses and benefits that have been fully payrolled, create amended forms P11D/P9D/P11D(b), and create forms P11D/P11D(b) for those expenses and benefits that have been part-payrolled.
Amendments and part payrolled forms for 2012/13 will have to be submitted on paper, electronic submission of these forms will be available from 2013/14.
