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Paper forms P14

by Tax Faculty Team on 19.10.2010 02:37

HMRC will cut costs by cutting down on paper

 

HMRC has told the Tax Faculty and other professional bodies about two changes to the paper version of forms P14. These should save costs and are part of HMRC’s drive to cut down on paper forms and encourage use of technology.

 

The P14 forms part of the Employer Annual Return: a P14 is required for each employee. Paper P14s will still be available for the small minority of employers who are not required to file year-end returns online. However the changes will be:

 

·      From 2010/11 the P14 will be a two-part not a three-part form.

·      From 2011 HMRC’s Employer Orderline  will only hold a stock of the manual completion version of the two-part P14, and will no longer provide the continuous and laser sheet versions of the form P14.

 

The full text of the update from HMRC is:

 

“We would like to tell you about some changes that we are introducing as part of our commitment to encourage increased use of technology. The volume of paper P14 forms HMRC has issued and had returned by employers and their agents as Employer Annual Returns has significantly reduced over the last twelve months. This has been driven by both the legal requirement for virtually all employers to file their Employer Annual Return (P35 and P14s) online and the austerity measures we must take to reduce costs. We have identified two further measures we must now take to make additional savings.

 

“HMRC no longer require those employers who use paper P14 forms to provide us with two copies of the P14 for each employee. Consequently, we will be changing our P14 stationery from a three-part form to a two-part form with effect from 2010/11 tax year to reflect this change.

 

“Furthermore, whilst HMRC’s Employer Orderline will continue to supply P14s only to the tiny minority of employers that are exempt from the obligation to file their returns online, from 2011 it will only hold a stock of the manual completion version of the two-part P14. HMRC will no longer produce and provide the continuous and laser sheet versions of the form P14.

 

“We continue to look at other changes to the products sent by the Employer Orderline and will keep you informed as these progress.”