Online Filing Colin J Parnell Roskear Consulting Tel: Mobile:

emita’s long term vision… “Improve the quality of ICT Support in the region and also speed up the embracement of new ICT technology by ALL businesses in the region” Roskear Consulting –Payroll Services Division –Consultancy Division SME’s - Strategic use of IT for Real Business Advantage IT Service Companies – Strategy audits & Planning

the government plan…. To consolidate all taxation administration To reduce clerical processes To increase accuracy To delegate authority to originator To improve efficiency To run more economically

Departments involved…. Inland Revenue –Land Registry HM Customs & Excise –Joining with IR on 1 April 2005 Companies Houses

who can use…. Individuals Companies & Organisation Agents

the steps… Sign up to Government Gateway 1.Choose service required 2.Enter service details 3.Register or logon 4.Create Gateway account ( address & full name plus password) 5.Receive User ID (PIN by post (Allow up to 7 days)) 6.Activate Service Note: User ID OK for multiple services but need new activation to cover services authorised

Inland Revenue – scope… Self Assessment PAYE Year End Filing Monthly Payments Corporation Tax Tax & Child Benefits EDI (Usually by very large companies) –Constuction Industry Scheme –PAYE Year End Filing

Inland Revenue - Self Assessment… Benefits –Filing acknowledgement –Fast refund - if overpayment –Tax calculation

Inland Revenue - PAYE Year End Filing… P35 (Main return of total PAYE & NI plus payments made to date) P14’s details per employee Optional filing for P37, P12, P38A, P9 & P11D Notes: 1.Also known as e-Submission 2.Big saver for Inland Revenue 3.Rebates for Small employers

Inland Revenue - PAYE Year End Filing… Company Size EmpsFiling Date Large 250+ May 2005 Medium 50 – 249 May 2006 Small 1 – 49 May 2010 Notes: 1.Mandatory each category to file online for the prior tax year 2.Filing can be via an agent –authority by FBI 2 or online

Inland Revenue - PAYE Year End Filing… Small Company Benefits Year Rebate 2005 £ £ £ £ £ Total Saving £825 Note: Benefits only available to Small Companies for early use of online filing

Inland Revenue – Monthly Payments… Electronic payment of PAYE & NI Payment can be made via many methods:- –Bank Giro Credit e.g. Bank’s online payment system or telephone banking –BACS or CHAPS –BillPay – Debit Card Notes: 1.Mandatory for Large Companies since April Optional for Medium & Small Companies 3.Benefit of deferment of payment to 22 nd of each month 4.Still need to allow time for payment to occur on 22 nd 5.Large Companies subject to Surcharge if not paid electronically

Inland Revenue – Corporation Tax… Secure submission of CT600 Calculates Corporation Tax Liability Current statement of account 24hour x 7day access

Inland Revenue - Land Registry … Stamp Duty payments on Land Transfers

HM Customs & Excise… Multiple online filing services:- –eVAT (Online VAT Services)eVAT (Online VAT Services) –CFSP (Customs Freight Simplified Procedures) EDICFSP (Customs Freight Simplified Procedures) EDI –CHIEF (Customs Handling of Import and Export Freight) EDICHIEF (Customs Handling of Import and Export Freight) EDI –DDES (Duty Deferment Electronic Statements) ServiceDDES (Duty Deferment Electronic Statements) Service –eBTI (Electronic Binding Tariff Information)eBTI (Electronic Binding Tariff Information) –ECSL (EC Sales List)ECSL (EC Sales List) –EVR (Electronic VAT Return)EVR (Electronic VAT Return) –Intrastat (IS2) serviceIntrastat (IS2) service –NCTS (New Computerised Transit System)NCTS (New Computerised Transit System) –NCTS WebNCTS Web –NES EDINES EDI –NES WebNES Web –NES XML (Schema) EDINES XML (Schema) EDI –Rebated Oils Enquiry ServiceRebated Oils Enquiry Service –Rebated Oils Upload ServiceRebated Oils Upload Service –Tied Oils Enquiry ServiceTied Oils Enquiry Service –VOES (VAT On e-Services)VOES (VAT On e-Services)

HM Customs & Excise… e-VAT –online filing of returns –Registration –Details maintenance Benefit: 7 day extension on payment

Companies House … Annual Return (363) 288a - Appointment of Director (3 items personal info for consent signature) 7.00 to Midnight Mon to Sat Document examinations 7.30 – Security Code plus Authentication per Co Payments by Credit Card or Credit Account (10 or more Co’s) Notes: Annual Return £15 online or £30 by post

the message is… All taxation consolidating Online filing & payments are here to stay Government is embracing IT for greater efficiency Benefit: IT is now working to make the tasks easier

Colin J Parnell Roskear Consulting Tel: Mobile: