Her Majesty’s Revenue and Customs (HMRC) will be conducting a consultation event in Warrington at 10.30am on Tuesday, 15th February, on its proposals to overhaul the UK’s PAYE tax system.
The event, hosted by the Warrington based employment solutions and PAYE umbrella services provider, Parasol, is open to all Warrington businesses who have an interest in PAYE schemes, providers of payroll software, providers of payroll services, employers and pension schemes and who would like the opportunity to feedback their thoughts directly to HMRC in person.
Under the current proposal HMRC, is seeking to introduce a system of real time information (RTI). This means that, under the RTI system, HMRC will collect information about tax and other deductions automatically each time employers run their payroll. This information will be submitted automatically to HMRC at the same time the employees are paid. The event will also be used to discuss any further long-term changes HMRC proposes to make to the PAYE system of taxation.
Commenting ahead of the event, Rob Crossland, Chief Executive of Parasol, said: “This is a fantastic opportunity for Warrington businesses to speak directly to HMRC, an opportunity that does not come along very often. It is also an opportunity to help shape legislation that affects us. When these opportunities aren’t taken it is difficult to complain with any credibility about the consequences. Therefore, I would urge anyone looking to attend to contact us and reserve their place ASAP.”
For those wishing to attend spaces are limited and will be allocated on a first come first served basis. RSVPs should be sent to: amanda.hignett@parasolgroup.co.uk or steven.proud@parasolgroup.co.uk
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