Finance Bill signals new workload for firms on PAYE

Employers face a considerable more work under measures in the Finance Bill detailing the new monthly information they will be obliged to provide to Revenue for access by staff online, writes Eamon Quinn.

It is part of the so-called modernisation of the PAYE system that will allow taxpayers access to the amounts of tax paid and their tax credits on a monthly basis from January 2019.

Further details of the changes were provided in the new Finance Bill published yesterday following the budget last week.