The Argyll and the Islands Branch of the Federation of Small Businesses [FSB] is warning that upcoming payroll changes will cause a headache to unprepared Argyll firms.
From April, 2013 small businesses in Argyll and Bute will have to report PAYE information to HMRC in real time.
Employers (or their accountants) will have to:
- send details to HMRC every time they pay an employee – and at the time they pay them;
- use payroll software to send this information electronically as part of their routine payroll process.
FSB polling at the end of 2012 showed that one third of our small employers knew nothing or very little about these changes.
Rory McKail, Chair of the Argyll branch, says: ‘Whilst we have raised concerns with HMRC and the UK government, we also believe that firms should ensure they keep themselves on the right side of the law.
‘With less than a month to go until these changes come into force, we would urge busineses to look up the HMRC website or visit the PAYE RTI [Real Time Now] website here.’