HMRC RTI PAYE earlier year updates

At the present time, when a firm needs to submit corrected PAYE data for an employee, they must calculate the Differences between the originally submitted PAYE data, and the Corrected values, before they submit an Earlier Year Update to the HMRC.
Before 2004/05, they were allowed simply to re-submit the whole correct values, flagged as a CORRECTION to directly overwrite the old incorrect PAYE data.
Allowing firms to do this once more with PAYE RTI EYU data will save the HMRC many millions of pounds in processing costs, and save firms a similar amount of costs.
It costs nothing to implement, and will save delay in updating customer's records, as the corrected data can simply be passed through to HMRC back end systems.

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Currently ranked 48,105 out of 111,867 petitions ever created.

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Created By

Kai Chung

Created On

Sunday 22 March 2015

Closing Date

Monday 30 March 2015