WELCOME TO
Widget Image

THE TIME FOR CHANGE IS NOW

Success is best achieved by knowing what needs doing. Collaborating to make progress, and measuring the results. Propellor by ITexpress includes tools to make task management as effortless as possible, great collaboration tools for your team and clients and powerful reporting and progress tracking dashboards.

START NOW FOR FREE

Penalties for late payments of PAYE/NIC’s from 2010-11

Penalties for late payments of PAYE/NIC’s from 2010-11

From tax year 2010-11 HMRC intends to implement the new late payments penalties for PAYE payments, including Income Tax/NICs, CIS and Student Loan deductions. This means that from May 2010 you may have to pay a late payment penalty if you do not pay the PAYE due each month or quarter, on time and in full. There will also be late payments penalties for not paying amounts due annually – including Class 1A NICs and PSA amounts – on time and in full.

The new late payment penalties will apply to all employers, not just large ones. They will replace the Mandatory Electronic Payment surcharge, which currently applies only to large employers.

Post Tags:
PREV

Access Payroll Software

NEXT

ITexpress BACS Service