From 19 September 2022, in response to feedback, employers’ PAYE customers will be able to take advantage of a new variable Direct Debit payment plan.
The service, which is being introduced by HMRC, can be accessed through Pay employers’ PAYE or directly through the business tax account and the employers PAYE service.
There will be changes to the business tax account and the employers’ liabilities and payments screens on the employers PAYE service. A new link ‘Set up a Direct Debit’ will be introduced and this will allow customers to set up a Direct Debit instruction, authorising HMRC to collect directly from their bank account based on their return submissions.
Following set up, the link will change to ‘Manage your Direct Debit’ and an employer will be able to view, change or cancel the Direct Debit online.
The facility to create, view, amend and cancel a Direct Debit is restricted to employers only, there is no scope for agents to do this.
If signed up to variable payment plan, the following charges will be collected on receipt of the returns to HMRC:
- Full Payment Submission
- Employer Payment Summary
- Construction Industry Scheme
- Apprenticeship Levy
- Class 1A National Insurance
- Earlier Year Update
More information to follow and we will continue to keep our BM Connect clients updated. If you have any questions, please get in touch.
