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    Pay slips could disappear under HMRC PAYE reforms

    Pay slips could disappear under HMRC PAYE reforms

    HMRC investigating how to reform PAYE system after millions underpaid their tax

    In Partnership With

    Author Date published September 7, 2010 Categories

    HM Revenue and Customs is investigating whether to deduct tax, pay-check by
    pay-check under plans to reform the PAYE system,
    The
    Daily Telegraph reports    .

    Under the system, monthly payments would go through HMRC with workers being
    handed the net salary. Accountants, lawyers and businesses are being consulted
    according
    to the Telegraph    , which follows revelations millions of tax payers had over
    or underpaid tax..

    The system may end the practice of receiving pay slips, with employers
    reliant on HMRC to make deductions.

    Further Reading:

    HMRC
    could take direct control of pay cheques after tax errors

    HMRC’s
    PAYE overhaul sparks widespread industry fears

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