|
archived news blog
May 2012 (26)
April 2012 (39)
March 2012 (49)
February 2012 (42)
January 2012 (44)
December 2011 (33)
November 2011 (47)
October 2011 (42)
HMRC issues penalties for late PAYE returns. Pearson May News Update - Monday 25 January
- HMRC issues penalties for late PAYE returns
- New agency worker rules could 'hamper' job creation
- Action called for on tax code problems
HMRC issues penalties for late PAYE returns
HM Revenue and Customs has said that it is sending out penalty notices to those employers who have yet to submit annual PAYE returns (P35 and P14s) that were due by 19 May 2009.
The notices began going out on 23 January.
This marks the second round of penalty notices, the first having been issued last September.
The penalty is £100 per 50 employees for each month that a return is outstanding, as from 20 September 2009 to 19 January 2010. This means that an employer with 50 or less employees will receive a £400 penalty.
The penalty is on top of those sent in September 2009.
Employers that have yet to submit their returns are being urged to do so at once.
Firms with 50 or more employees you must file their returns online. Those submitting by paper will be charged a separate penalty for using the wrong filing method.
For the tax year 2009/10 onwards, all employers, whatever the size of their workforce, will need to file electronically.
Business General
This section contains a host of advice and information on a range of business matters, from insuring your
business to dealing with employee absence. Simply visit the topics listed below for further information,
ideas, tips and strategies on how to take your business forward.
Click here for more information
See What's On Our Site
Our site also contains:
- A huge database of business information
- Your portal to the web with our powerful search facilities and Links section
Home | Contact Us | Recruitment | Services | News | Knowledge Centre | International
About Us | Companies House Search | Links | Search | Register | Logout
Terms
and Conditions
Technical Problems - email service@pearsonmay.co.uk
Copyright © 2009 Pearson May. All rights reserved.