Magee Gammon Blog General End of year checklist no longer needed when making final Full Payment Submissions

End of year checklist no longer needed when making final Full Payment Submissions

Prior to the introduction of RTI, employers were required to complete an end-of-year checklist and declaration on form P35 and submit to HM Revenue and Customs. Under RTI this was replaced by the final full payment RTI submission which included a similar checklist and declaration.

HM Revenue and Customs have recently announced that from 6 March 2015, the requirement for employers to complete the end-of-year checklist when making their final full payment submission under the real time information regime will be removed, for the current tax year 2014/15 and subsequent years.

However as HMRC however the above change has been announced the above change so late in the day many payroll software providers will not have time to alter their software in time.  Therefore it is very likely that some payroll products and services will not be able to incorporate this change until the end of the 2015/2016 tax year.

 

Related Posts