PAYE21125 - employer records: maintain employer record: indicators for EOY review
Special circumstances may come to light during the tax year
that may result in the need for action prior to the processing of
an employer annual return. These may include
- An employer’s PAYE records being lost or destroyed, for example because of fire or theft
- You being made aware that the employer has not operated PAYE correctly during the year
A report of the circumstances
must be held in the employer record pad, and an
indicator must be set on the employer’s computer record to
show that action is needed prior to processing any return.
Each indicator is set in Function AMEND EMPLOYER INDICATORS.
The table below describes the indicators you may use and the
circumstances under which they are set
COMPREP
| Indicates that NICO has
reported that the employer has a compliance failure
Set on receipt of a report from NICO |
INSPRUL
| Indicates that there is an Inspector’s ruling which will affect the employer’s annual return |
LUMPSUM
| Indicates that the employer has been authorised to give provisional tax relief on a lump sum payment |
RECONSTRUCT
| Indicates that something has occurred that will affect the annual return from an employer, such as records lost or destroyed |
TRADISP
| Indicates that a trade dispute has occurred which affects the annual returns for an employer |
WRONGOP
| Indicates that the employer has failed to operate PAYE correctly |
