The Book-keepers Forum (BKF)

Post Info TOPIC: Tronc Scheme and Employer Annual Return (P35)


Member

Status: Offline
Posts: 7
Date:
Tronc Scheme and Employer Annual Return (P35)




Hi

My client is running a club. He pools the tips, service chrge and gratuties and then distribute amongst the employees. Above that wages for employees are paid separately.  As per my client request, I have set up a Tronc Scheme, which was quite complicated.

For those who does not know about this scheme, please follow the link to grasp an idea.

http://www.hmrc.gov.uk/helpsheets/e24.pdf

My problem at present is

  • Do we need to file two P35?
  • Do we need to issue P60s separately?
  • Is it mandatory to operate two PAYE reference? ( Wages and Servic and Tips)
To be honest, HMRC gave me an vague answers. I was so confused.

Please let me know the mechanisms if you have handled before.

I hope either banks or businesses do not know much about this scheme

Any help would be appreciated

Thank you


Roman

__________________
dddd


Newbie

Status: Offline
Posts: 3
Date:

I met with a new client today who is an employee in one of these schemes, he has received 2 sets of payslips and 2 P60's, so I assume his employer has filed 2 P35's!

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About