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I dont’ know how many of you know about this and, I only found out about it a week or two ago but, our friends at HMRC are moving the goalposts (again) on PAYE/NI payments.
From April 6th, in effect, you need to pay this in real time as you pay any employees of the company, including yourself.
Details here from HMRC: http://www.hmrc.gov.uk/payerti/getting- … /index.htm
I only mention it as, talking to Sean last night, he hadn’t a clue about it and it turns out that according to Sage, 72{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} of businesses in the UK haven’t a clue about the changes being made.
I doubt this will win HMRC any friends or endear them to anyone.
K.
Re: PAYE In Real Time
Great isnt it, my accountant has already advised me of an additional cost due to it!
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