Paul joined Dataplan from HM Revenue and Customs in 2007 and runs our PAYE compliance and investigation services.
Employers provide a remuneration package that can include benefits in kind, in addition to weekly or monthly salaries. Salary (money) is taxed through the PAYE Real Time Information system. This is a very efficient system for accounting for all employees earnings.
HMRC’s Employer Compliance officers undertake many thousands of PAYE inspections in any 12 month period. Although HMRC will state that the main purpose of the review is to police the system the main reason is to bring additional money into the Exchequer.
HMRC have publicised a top 10 list of mistakes that employers make when paying employees that can affect the National Minimum Wage rates.
There has been much publicity recently regarding HMRC’s National Minimum Wage enquiry at Iceland Foods Ltd.
A recent discussion with a client has raised concerns over the advice given by HMRC during HMRC compliance visits, an issue that is very pertinent at this time of year.
Welcome to the vagaries and oddities of the PAYE world.
In some years the date that the final weekly payday falls on will mean that 53 weekly pay days are required.
Financial wellbeing is becoming a more important part of employee wellbeing and is something employers are increasingly having to address.
Since the introduction of Real Time Information (RTI) for PAYE in April 2013, HMRC have allowed a large amount of leeway for late submission of weekly, fortnightly, 4 weekly and monthly reports of payroll information.