PAYE for employers: Late filing penalties for 2012-13 Employer Annual Returns If you haven't yet filed your 2012-13 Employer Annual Return you will be charged a late filing penalty.
HMRC STAKEHOLDER UPDATE - NUMBER 20
31 May 2013
HMRC has circulated their twentieth informal weekly update for 2013 to stakeholders, which looks to provide informal highlights as a result of listening to employer feedback and working in partnership with stakeholders. Real Time Information The RTI Supplementary Pilot Employer Update for May is now live. It’s an update to the April 2013 Pilot Employer Update and tells pilot employers about the Basic PAYE Tools functionality to make an Earlier Year Update (EYU), and reminds them of the position regarding 2012-13 forms P11D(b) and payslips. Harvest casuals and casual beaters Information for employers who make payments to people working outdoors as harvest casuals or beaters for a shoot. These long standing agreements and the way in which tax and NICs are applied to these payments are unchanged. However, the introduction of real time reporting means that there is a change to the way in which the payments now need to be reported. Penalties for 2011-12 PAYE Employer Annual Returns (P35 and P14s) that have still not been received The 2011-12 Employer Annual Returns (P35 and P14s) were due by 19 May 2012. These returns are now over 12 months late and HMRC has started to send penalty notices where our records indicate that the return is still outstanding. The penalty is based on £100 per 50 employees for each month your return is outstanding, from 20 January 2013 to 19 May 2013. So, an employer with 50 or less employees will receive a £400 penalty. This penalty is in addition to those penalties already issued in September 2012 and January 2013. If you have a return to make and have not sent it yet, please send it without delay. If you did not have to maintain any forms P11 (Deduction Working Sheets) during the tax year so didn’t need to complete an Employer Annual Return then you still need to tell us. Appealing against a penalty If you wish to appeal against the penalty notice, you must write to the office shown on the notice within 30 days stating why you think the penalty notice is wrong. Class 1A NIC Payments Please remember to check the correct payment reference is used for Class 1A NIC payments to avoid misallocated payments and unnecessary contact from HMRC. The Class 1A NIC Payments for 2012-13 guidance’s Use the right payment reference goes into more detail and provides an example. Advisory Fuel Rates Advisory Fuel Rates updated HM Revenue & Customs has published advisory fuel rates to operate from 1 June 2013.
High Income Child Benefit charges Authorising a tax adviser for High Income Child Benefit charge matters
If you want a tax adviser or accountant to act on your behalf for specific matters relating to the High Income Child Benefit charge, you'll need to formally authorise them using this form.
CIPP Policy News Journal
16/04/2014, Page 187 of 519
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