PAYE Penalties

HMRC are to introduce further interest and penalties for the late submission of PAYE RTI returns and for late payment of PAYE liabilities.

Burrows Scarborough in Coventry - call 024 7671 7633 or email info@burrows-scarborough.co.uk
Harwoods in Sutton Coldfield – call 0121 355 0901 or email info@harwoods-account.co.uk

HMRC are to introduce further interest and penalties for the late submission of PAYE RTI returns and for late payment of PAYE liabilities. The penalties will be introduced as follows:

  • April 2014 - in-year interest on any in-year payments not made by the due date
  • October 2014 - automatic in-year late filing penalties
  • April 2015 - automatic in-year late payment penalties

If you would like any help with PAYE matters please do get in touch.

Internet link: Press release