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| HMRC identify incorrect penalty notices |
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HMRC have identified that some employer end-of-year return forms P35 and P14 that were filed electronically, have given rise to incorrect penalty notices being issued to employers. The penalty notices in question are dated 24 September 2007. HMRC are urgently investigating and will provide an update as soon as possible, and by Tuesday 9 October at the latest. Initial findings are that significantly fewer than 8% of all penalties are affected and HMRC are arranging for the penalties issued in those cases to be cancelled without the need for employers or agents to contact them. HMRC have apologised for any inconvenience that this problem may have caused. Link PAYE: 2006-07 Penalties for Outstanding PAYE Returns
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About The Author  Sarah Laing Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences). Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession. |
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Article Added Thursday, 04 October 2007 | 1014 Hits |
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