BusinessCorporate FinanceTaking Stock: Hammer time information

Taking Stock: Hammer time information

TS loves a bit of hip hop, and what's better than a hip-hop song about PAYE?

Taking Stock: Hammer time information

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.

Related Articles

Colin: No more dirty money

Corporate Finance Colin: No more dirty money

1y Richard Crump, Writer
Taking Stock: BG/Royal Dutch deal will see Big Four fees scramble

Audit Taking Stock: BG/Royal Dutch deal will see Big Four fees scramble

3y Taking Stock
Colin: If you look after the pennies, Tesco...

Corporate Finance Colin: If you look after the pennies, Tesco...

3y Taking Stock
Embankment's bird of prey

Accounting Firms Embankment's bird of prey

6y Taking Stock
Colin: Cause for celebration

Corporate Finance Colin: Cause for celebration

6y Taking Stock
Colin: Show me the funny

Corporate Finance Colin: Show me the funny

4y Taking Stock
Colin - The benefits just keep on coming

Corporate Finance Colin - The benefits just keep on coming

6y Taking Stock
TS at the City AM awards

Corporate Finance TS at the City AM awards

6y Taking Stock