PAYE in year penalties

Just a reminder that late in year PAYE / NI payments are now subject to penalty.The penalties increase according to how many late payments there are in a 12 month period, and aren’t assessed until after the end of the tax year – meaning a ticking time bomb...

REMIINDER ABOUT NEW PENALTIES

For those of you who have not yet let the tax department have your completed tax return questionnaire, this needs to be submitted without any further delay. Particularly this year, as the new penalty regime has started, which we blogged about earlier in the year. To...

HMRC fail on penalties

A couple of recent good news cases for taxpayers regarding penalties.First, HMD Response International v CRC (TC01322) – this referred to a penalty over a late P35. A monthly penalty of £100 was assessed in September 2010 for late filing of the P35 due in May,...