The deadline for Employer Annual Returns is imminent, 19th May.  With this in mind HM Revenue and Customs (HMRC) are urging Business owners to complete their returns online as soon as possible in order to avoid late filing penalties.

The PAYE end-of-year forms (P35, P14 and P11D[b]) will incur late penalties of £100 per 50 employees for each month that a return remains outstanding after the deadline.

HMRC have said that any P35 or P14 return remaining outstanding for more than four months will get a penalty notice shortly after September 19th, and again the following January and May, if necessary. These penalty notices will reveal the full extent of taxpayer fines.

If your PAYE scheme is a NIL return you still need to inform HMRC, the simplest way to do this is to use HMRC’s new ‘No Employer Annual Return to make’ e-mail notification. The link to this is

If you are are en Employer and not sure if you have done this, please ring us on 01229 813388 and we can help. (All TI Payroll and Accounting’s payroll clients don’t need to worry as we have submitted them for you).