Friday September 18, 2020

On the cusp of change

When January 1 arrives, one of the biggest changes to PAYE will come into effect, and payroll services are putting on the finishing touches, writes Quinton O’Reilly

2nd December, 2018
3

After remaining mostly the same for decades, PAYE will go through its biggest change starting in January when the system is modernised.

In place of the current system will be a real-time entity so if a business pays its employees weekly, fortnightly or monthly, it will have to upload that information as it happens.

It means that in recent months, payroll providers have been busy getting used to the new system so that when it...

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