The Inland Revenue's offer to small employers of up to Ј825 over the next four years for filing their returns online is yet another example of the Government's sleight of hand and should be treated with the suspicion that it deserves, warns accountants and business advisors PKF.
By 19 May 2010 employers with fewer than 50 employees will have to file their PAYE returns online each year but the Government is trying to encourage small businesses to start filing online early with the offer of tax-free incentive payments. If small employers file online by the 19 May of each year between 2005 and 2009, they will receive a total of Ј825 which will be credited to their PAYE accounting record.
