Taking Stock: Hammer time information

by Taking Stock

More from this author

25 Feb 2013

  • Comments
Surprise VIP MC Hammer was one of the first to take a seat

TS CAN'T HELP but feel a little bit sorry for small businesses, as we watch them grudgingly attempt to cope with new changes to the payroll system.

PAYE information has to be reported to HMRC in real time from April 2013, and you might call us pessimistic, but TS don't see it going super-smoothly.

You see, TS was couldn't decide whether it was astonished or unsurprised to hear a third of employers are still unaware of the upcoming changes.

Thank God then, that Intuit took time to let everyone know - through the medium of rap.

It might not be MC Hammer (pictured) or in any danger of knocking Harlem Shake off the top of the charts, but with lyrics including "basically it's the biggest change in legislation since 1944", how could businesses fail to cotton on?

TS will be sure to sleep easy tonight, knowing there's an easy way for small businesses to stay on the sunny side of the payroll system.

If you're still worried, fear not. HMRC provides a complete checklist of the steps here.

Visitor comments

blog comments powered by Disqus
display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit
  • Send
HM Revenue & Customs

Head Of Financial Control

HM Revenue & Customs, Telford, Full Time, Permanent/p>

 

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

cchcover

iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.