HMRC processes 70,000 RTI submissions despite IT issues
HMRC processes 70,000 real-time PAYE submissions despite experiencing IT problems
HMRC processes 70,000 real-time PAYE submissions despite experiencing IT problems
MORE THAN 70,000 REAL-TIME PAYE SUBMISSIONS have been processed by HM Revenue & Customs since the system’s introduction on 6 April.
The biggest overhaul of the income tax system for 70 years sees PAYE reported on or before the date payment is made, while changes will be reported as and when they occur, rather than at the end of the financial year.
Companies encountered some difficulties submitting over the weekend, which HMRC said was caused by “routine, bi-annual maintenance” of its IT portal. Companies accessing the site at the time were met with the message “We’re currently testing the service and experiencing lengthy delays to submissions”.
Sage said it helped 18,807 small businesses make their first submissions after the “shaky start”, something small business director managing director Lee Perkins said “puts HMRC firmly in the spotlight”.
“There was understandable confusion and frustration over the weekend with businesses unable to file due to HMRC site issues,” he said. “It also underlines why moving payroll submissions to RTI is so important, reducing reliance on HMRC’s website and being up and running with real-time PAYE.”
Ruth Owen, HMRC director-general for personal tax, said: “It is great news that so many employers have started to report PAYE in real time.
“But we are under no illusions – we know that it will take time before every employer in the country is using RTI. We appreciate that some employers might be daunted by the change – but they don’t need to be. HMRC is on hand to offer help and support and we are taking a pragmatic approach – which includes no in-year late filing penalties for the first year.”
The numbers you crunch tell a story. Your expertis...
13yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleHMRC has officially ruled out plans to introduce Making Tax Digital for Corporation Tax, confirming the shift in its July 2025 Transformation Roadmap....
View articleThe UK tax gap held steady at 5.3% in 2023–24, translating to £46.8 billion in unpaid taxes, according to the latest HMRC statistics. While the percen...
View articleUK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...
View articleBusinesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...
View articleBusinesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...
View articleAs the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...
View articleStricter controls on VAT compliance is set to shut down the “colossal” VAT tax gap. Read More...
View articleThere has been a percentage increase in the number of claims made by companies, but more needs to be done Read More...
View article