HMRC to issue penalties for late submission of PAYE returns

In the latest Employer Bulletin HMRC are warning that employers who fail to submit their PAYE submissions, Full Payment Submission or where appropriate Employer Payment Summary on time will face penalties.

In the latest Employer Bulletin HMRC are warning that employers who fail to submit their PAYE submissions, Full Payment Submission (FPS) or where appropriate Employer Payment Summary (EPS) on time will face penalties. The penalties are being introduced from October 2014.

Penalty notifications will be issued on a quarterly basis.

Please do get in touch for advice on PAYE matters.

Internet link: Estimate Penalty

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Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by The Institute of Chartered Accountants of Scotland.
Details about our audit registration can be viewed at www.auditregister.org.uk for the UK, under reference number 4235.


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