Cyberpay
28 August 2012
The Electronic Revenue will start to make online filing of PAYE returns mandatory from 2005. A tough scheme – but a great time to invest in the payroll function.
Probably the biggest change to PAYE since its inception in 1948 is underway for employers. From May 2005, all employers with 250 employees or more will be required to file their year-end returns electronically.
In October 2003, the Inland Revenue took a snapshot of all employers’ PAYE schemes in order to determine their size and therefore their respective filing...