Employer records: set up employer record: XP scheme - contractor only (no employees)
You will need to set up a new employer record with an XP scheme type when a contractor in the construction industry makes payments to a subcontractor under a contract relating to construction operations.
A contractor’s responsibilities will be
- To decide whether the subcontractor is self employed or is an employee taxable under PAYE
- To check how the subcontractors should be treated for tax purposes by inspecting his certificate or registration card
Note: When setting up a new XP scheme you must enter a ‘Date Notified’ which is the date you received the information to create the employer record.
XP schemes will not be able to join RTI at anytime.