PAYE Modernisation will be introduced on the 1st of January 2019. The PAYE Modernisation Project will involve the most significant reform of the PAYE system since its introduction in 1960. In very simple terms
- Employers must inform revenue of payroll details before any payments are made to employees
- All ‘P’ forms will be abolished (P45 , P60 , P30 , P35)
- Most payroll systems will connect to Revenue online and collect the old P2c data and weekly or monthly upload ‘mini P35’ files
For some employers this will cause a significant change in the way they work.
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