Only around 1.4% of PAYE returns for 2008/09 were filed on paper, the latest
figures from HM Revenue & Customs reveal.
More than 52.3 million employers’ Pay As You Earn returns were filed
electronically by the May 17 deadline, of which 23.6 million were submitted
online and 27.5 million were transferred by electronic data interchange.
By midnight on 15 May, a total of 735,000 paper returns had been received, of
which 582,000 were P14 and 153,000 were P35.
Comparatively, there were 56.8 million electronic returns submitted for
2007/08 PAYE returns, and 1.2 million were paper returns.
An HMRC spokesman said online filings were in line with expectations and the
department’s IT system has coped well as the deadline has approached.
‘There have been no unplanned interruptions with the online service. There
have only been a few minor live issues to report. This has affected a very small
minority. I suspect it’s only in the hundreds or very low thousands,’ he said.
HMRC traditionally allows employers a week’s grace period, or extra statutory
concession, in submitting their PAYE returns.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more