The next step

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PAYE pooling

PAYE merge. The Taxman intends to give connected businesses the right to operate a single PAYE system instead of having to operate one for each. This sounds like a sensible idea and could certainly save time and administration costs. However, the idea is still on the drawing board.

Consultation. There are several important questions that need answering before “PAYE pooling” can be put into practice. For example, what happens if one of the pooled businesses can’t meet its share of the PAYE bill? The Taxman wants your views on this and several other questions. You can read and comment on these via his website (see The next step).

For a link to HMRC’s consultation, visit http://tax.indicator.co.uk (TX 12.04.09).