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PAYE/NIC RTI late filing and payment penalties – update and new concessions

Posted by: edwinsmith on February 24th, 2015

Late filing penalties

Employers with less than 50 employees should be reminded that PAYE late filing penalties will apply to them from 6 March 2015. These employers have previously benefitted from a concession introduced last October for late filing penalties ( Edwin Smith article -PAYE late filing concessions) but see below for continuing reporting concession for Micro Employers (less than 10 employees with PAYE schemes registered before 6 April 2014).

HMRC have introduced a new concession for employers and HMRC will not charge penalties for delays of up to three days in filing PAYE information.

Any employer who has incurred an in-year late filing penalty between 6 October 2014 and 5 January 2015 where they were less than three days late can appeal online against the penalty by completing the “Other” box and adding “Return filed within 3 days”.

Micro Employers concession – These employers are allowed to make PAYE RTI submissions by the 5 of each month and not on or before any payments made within the month and this concession is planned to end April 2016.

Late payment penalties

Automatic penalties for late PAYE payments were due to start from 6 April, but HMRC have recently announced that late payment penalties will continue to be reviewed on a risk- assessed basis rather than be issued automatically.

As a reminder refer to the HMRC PAYE/NIC late payments  that detail the penalties that can be incurred.

HMRC have also announced measures  to prevent the unnecessary penalties being issued, HMRC 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.

Please contact us if you require any advice or assistance with PAYE RTI payroll submissions

Filed under: Employers, PAYE