Regulations, as originally drafted, introduced a leaver statement for employers in RTI to use in place of the P45 when employees moved jobs. Following the consultation and a workshop with employers and representative groups, HMRC will retain the P45 for all employees.
Stephen Banyard, Acting Director General for Personal Tax, said:
“We have been working closely with employers and stakeholders about the introduction of RTI. Employers told us to keep the P45 – which is exactly what we have done.
“RTI is on track and we want to work in partnership with employers and other stakeholders to make its introduction as smooth as possible.”
Further information on RTI is available on the HMRC website athttp://www.hmrc.gov.uk/rti/index.htm