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Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.
Friday, 16 December 2011
Gauke Speaks - Don't Believe The Hype
HMRC's much hyped Real Time Information (RTI) system, that is "allegedly" going to be up and running on time and on budget in 2013 (April "apparently"), is going to add to the cost burdens of business.
David Gauke, the exchequer secretary to the Treasury, let the cat of the bag at the All Party Parliamentary Group on Taxation's (APPG) event to mark the beginning of its work on a report on RTI.
Guake is quoited in the Guardian as saying:
"Businesses are going to have to update software to comply with RTI, but the overall impact for employers will be to reduce costs."
Allegedly the "savings" will come from reduced costs of operating PAYE, and careful implementation should reduce the costs of software upgrades. Helpfully, he also added that the government is looking at ways of helping small businesses to make the changes.
Gauke claims that the RTI project is on schedule.
Please feel free to drop me a note if you have knowledge of the reality of the progress of this project.
I ask, because in September I wrote the following:
"HMRC have fessed up privately to ministers that the deadline will be missed.
Universal Credit is now being assessed by the Major Projects Authority, a group of officials and commercial experts from the Treasury and Cabinet Office. Their key concern being that the “real time” information system, to be provided by HMRC, will not be ready by April 2013."
In the space of less than 3 months is everything now really back on schedule?
Major IT projects (both public and private sector ones) very rarely come in on schedule or on budget, does anyone (aside from Gauke) seriously believe that this one will?
Wrt business saving money, if RTI gets up and running on time, if there are any business owners out there with a view on this please feel free to share it with us.
Tax does have to be taxing.
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