HMRC set to launch new direct debit system
Many employers have been left frustrated in the past when they have only been able to set up Direct Debit to collect a single PAYE payment.
Plans have been announced to offer a recurring direct debit to employers.
HMRC are undergoing a modernisation process and, as part of this, employers will finally be able to set up a direct debit mandate authorising their payments to be collected monthly, based on their Real Time Information (RTI) submissions.
Employers should be able to access this service mid-September 2022 and will be able to set this up in their Business Tax Accounts.
N.B.
You must have your own Business Tax Account to access this service. A third party agent will not be able to set this up for you.
