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ESG Diligence: The Key To Sustainable M&A Transactions
AAB / Blog / PAYE Reporting in Real Time – What’s in Store from 6 April 2014?
BLOG16th Oct 2013
Offshore employment arrangements
The changes announced by HM Revenue & Customs (“HMRC”) in their recent consultation document entitled “Offshore Employment Intermediaries” may have potentially wide-ranging effects across a whole range of employers but most notably for employers who have employees working on the UK Continental Shelf (“UKCS”).
The consultation period closed on 12 August 2013 and HMRC have been conducting further stakeholder meetings to focus on exactly what changes should be made with regards to the PAYE and NIC regulations as they relate to North Sea working. Whatever decisions are taken around mariners and non-mariners, it is evident that businesses will have to familiarise themselves with a new set of PAYE and NIC cost and regulatory considerations relevant to UKCS working from 6 April 2014.
To find out more, please don’t hesitate to contact us.
How AAB can help you with
Accurate, efficient handling of payroll functions and employment tax are fundamental to your success. We help you get them right – easing your workload, ensuring compliance in the UK and globally, and keeping your employees satisfied. Our comprehensive services for payroll and employment taxes address all these issues and help you operate efficiently, confidently and compliantly. Whatever the size of your business, from start-up to global player, all the services you require from us will be tailored to your specific needs and integrated to provide seamless support.
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