HMRC has announced that from March 2015 it will not be issuing a penalty for late filing of PAYE information for short delays of up to three days.
There will be no change to the filing deadlines, and employers with fewer than 50 employees will still have PAYE late filing penalties apply to them from 6 March; but HMRC says late payment penalties will continue to be reviewed on a risk-assessed basis rather than be issued automatically.
In addition, to prevent the unnecessary penalties being issued, HMRC says it will be closing around 15,000 PAYE schemes next month that have not made a PAYE report since April 2013 and which appear to have ceased. HMRC will write to the affected schemes to tell them about the planned closure and what to do if they are, or should be, operating PAYE.
HMRC has announced that from March 2015 it will not be issuing a penalty for late filing of PAYE information for short delays of up to three days.
There will be no change to the filing deadlines, and employers with fewer than 50 employees will still have PAYE late filing penalties apply to them from 6 March; but HMRC says late payment penalties will continue to be reviewed on a risk-assessed basis rather than be issued automatically.
In addition, to prevent the unnecessary penalties being issued, HMRC says it will be closing around 15,000 PAYE schemes next month that have not made a PAYE report since April 2013 and which appear to have ceased. HMRC will write to the affected schemes to tell them about the planned closure and what to do if they are, or should be, operating PAYE.
