PAYE is the next big ticket item in the business transformation proposals – if they go ahead, employers will be able to file PAYE directly from their payroll system. Though not proposed to start until 1 April 2019, there are some lead up steps that will start from 1 April 2018:
- payroll subsidy, subsidising employers to outsource their PAYE obligations to listed payroll intermediaries, would cease
- some minor changes to the PAYE rules for holiday pay paid in advance and aligning when rate changes come into effect
We’ll keep you posted.