After a brief stutter in HMRC's systems, which saw the computer systems for new CIS 'overheat' on the first working day of the new financial year, NG Bailey has become the first firm to successfully verify subcontractors online.
NG Bailey used the accounting and procurement package COINS, which has been updated to interface with the new CIS system, to perform the verifications on Wednesday morning.
The verification was a day late, after a faulty air-conditioning unit where HMRC's new systems were housed meant that it had to shut its computers off for much of Tuesday.
COINS and NG Bailey were among the first organisations to test out the new system, as part of HMRC's "controlled go-live" period. Most contractors have yet to use new CIS, as they have not received their electronic PINs, which they were only allowed to apply for from 6 April.
The next milestone in the process will be the filing of electronic monthly returns, expected to take place between 6 and 19 May.
- Neil Gerrard
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