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HMRC warns on PAYE penalties. Pearson May News Update - Monday 15 March
- Small firms need good broadband service
- HMRC warns on PAYE penalties
- Adopt flexible working patterns to beat road congestion
HMRC warns on PAYE penalties
HM Revenue and Customs (HMRC) has said that it is in the process of sending out penalties to those employers who have not yet returned their 2008/09 P11D(b) annual return of Class 1A National Insurance contributions.
The returns were due by 6 July 2009.
HMRC said that the penalty for late submissions is £100 per 50 employees for each month the return is outstanding, running from 7 November 2009 to 6 March 2010.
The penalties are on top of the ones issued in November for the four months between 7 July and 6 November 2009.
Employers who have yet to file their returns should send them without delay, HMRC added.
Employers who get a penalty notice that they believe is wrong should contact the helpline, the number for which is on the notice.
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