Business News

PAYE Changes

HMRC have issued a reminder to employers with 50 or more employees that they must send their employee starter and leaver information – P45s, P46s and P46(Pen) for pensions – online from 6 April 2009. As always, failure to comply with these new rules could result in a penalty.HMRC’s Simon Lidster said:

“If you’re an employer with 50 or more employees, and you’re not filing your P45s and P46s online, time is running out. Register now, so you don’t end up facing a penalty.

These employers also need to remember that their 2008/09 Employer Annual Returns must be submitted online to HMRC by 19 May. Returns are being accepted now, so we are urging employers to send them in as soon as they are ready.”

If you would like any help in this area, please do get in touch.

Internet link: HMRC press release