Wednesday, 5 November 2014

Real Time PAYE Penalties

Employers with fewer than 50 employees will face automated in-year penalties for late real-time PAYE returns from 6 March 2015. Those who employ 50 or more people will face penalties from 6 October 2014. 

HM Revenue & Customs (HMRC) will email all employers to let them know when the penalties will apply to them, based on the number of employees shown in the department’s records.

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