I recall reading in The Times this weekend that HMRC's plans for a real time (centralised) PAYE system have been "dropped".
HMRC, apparently, claim that this is not a change but something to do with people not really understanding what they were proposing in the first place.
I would like to provide more details on this. However, I threw the paper away and the Times site is now PAYE for access.
Googling has provided me with nothing on this.
Please can someone confirm as to whether the gist of the above is correct?
In the event I am in fact way off beam, and have been imagining what I believe I read in the Times, then I will correct the above.
Thanks.
Tax does have to be taxing.
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I do not think it would be because HMRC think the public do not understand what they mean. Let's face it, HMRC are not going to take this sort of thing into account at any time.
ReplyDeleteI think it is more likely because the government have told them there is no money in the pot for them to waste on another IT project.
If I recall Friday's Times correctly, HMRC's reported position is that the concept of "centralised deductions" (as an exploitation of real time information - yeah right!) was held up to stimulate debate about PAYE's future. I am certain that the Times quoted a HMRC spokesman using the phrases "balderdash" and "pie in the sky" as he (or she) fought a rearguard action when it was put to him (or her) that Centralised Deductions was HMRC's favoured way forward. Who knows what they are doing - I doubt CD's properly shelved yet but when the consultation responses are reviewed that should do. There was uproar at the time from payroll operators and some choice comments from some fairly senior tax partners from the big firms.
ReplyDelete"There was uproar at the time from payroll operators and some choice comments from some fairly senior tax partners from the big firms."
ReplyDeleteNo wonder. It would put a lot of them out of business.
No wonder. It would put a lot of them out of business.
ReplyDeleteBut they would then just sit back and wait to pick up the pieces after HMRC process the first run with the new system.
Don't get me wrong; the theory of CD is appealing. It's hard not to be sceptical about delivery though when the last government's IT programmes are still fresh in the collective mind.
ReplyDelete