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


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Tronc Scheme and Employer Annual Return (P35)
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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

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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!

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