HMRC have informed the ICAEW that there will be a delay to the processing time to set up any new variable direct debits (DDs) to pay employers PAYE from 22 March 2023 onwards.
“HMRC has indicated to ICAEW that employers need to allow extra time to set up any new variable DDs to pay PAYE. This means that for any collection shortly after 22 March, they need to be set up by employers by 10 March. However, if setting up to pay monies due on or after 22 April, then employers need to set up the DDs by 12 April.”
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Income Tax is a substantial single-volume guide to all the income tax issues commonly faced by most accountants and tax practitioners.