HMRC trials payroll changes to earlier year updates (EYU)
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In a bid to improve payroll reporting, HMRC is running a trial aimed at simplifying the process for reporting corrections by extending the use of the real time information (RTI) full payment submission (FPS)
Employers can continue to report revised year to date payroll data after the current deadline of 19 April, following the end of the tax year, making sure HMRC systems with employer payroll records are aligned. Some payroll software already supports this.
Read the full article at Accountancy Daily.
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