20 Mar 2024
Closing date: 09 May 2024

Consultation on HMRC data

HMRC are consulting on draft legislation to implement additional information requirements. These will be collected by both Income Tax Self Assessment and Pay As You Earn (PAYE) Real Time Information (RTI) returns completed by employers.

The draft regulations allow detail that from April 2025: 

  • employers will be required to provide more detailed information on employees’ hours paid via Real Time Information PAYE reporting
  • directors in owner-managed businesses will be required to provide the amount of dividend income received from their own companies separately to other dividend income, and the percentage share they hold in their own companies via their Self Assessment return  
  • the self-employed will be required to provide information on start and end dates of self-employment via their Self Assessment return

You can review and provide feedback until 9 May 2024

Draft legislation: Improving the data HMRC collects from its customers - GOV.UK (www.gov.uk)

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