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Further welcome for HMRC move on intermediary reporting requirements
by Susie Hughes at 13:33 01/05/15 (News on Business)
The clarification over HMRC intermediary reporting requirements has been welcomed by giant group.
The umbrella employment specialist revealed that it was satisfied by a clarification of legislation that removed initial confusion over whether intermediaries were required to report payment information on umbrella workers.

Matthew Brown, managing director of giant group, said: “We’re encouraged to see that HMRC has clarified its intermediary reporting requirements as there was some initial confusion.

"Following discussions they revealed that umbrella workers would in fact come under the category of limited company (D), (although they would be happy if intermediaries reported them under ‘another party operated PAYE’ (F)), however some interpreted this to assume that payment details must now also be reported for umbrella workers.

"This isn’t the case and the only obligation an intermediary has is to report the worker’s identity details, umbrella company name, registered address, registration numbers and the start/end dates of the assignment being undertaken.

"We’re very grateful to both HMRC and APSCo for clarifying what could have potentially been a challenging issue. Effectively, HMRC are saying that intermediaries do not need to report payment information where the PAYE RTI return is being fulfilled elsewhere.”

(See also: Agency group moves to clarify umbrella company workers - Shout99, April 2015)

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Susie Hughes © Shout99 2015


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