PAYE

(asked on 30th April 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether the Government made an assessment of the potential merits of a conversion plan when introducing provisions on real-time information reporting to HMRC in order to mitigate the additional tax payable during the second 12-month period of the scheme as a result of moving the start of the tax year in 2013-14 from 1 April to 6 April.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 3rd May 2018

There were no changes made to the start of the tax year for Pay As You Earn (PAYE) as a result of the introduction of Real Time Information (RTI) which remained 6 April, or to the deadlines for paying the tax, National Insurance contributions and any other deductions due.

As RTI was not expected to affect the annual levels of tax receipts, no conversion plan for additional tax payable was considered for 2013-14.

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