PAYE late payment penalties
The Finance (No. 3) Act 2010, Schedule 11 (Appointed Day) Order 2010 came into force on 25 January 2011. The order makes a number of clarifications to the late payment penalties legislation for PAYE.
New penalties for late payment of PAYE were introduced in April 2010. The penalties apply to both employers and contractors that do not pay PAYE on time and apply to tax, national insurance contributions, construction industry scheme deductions and student loan deductions. The penalties apply to monthly, quarterly and annual periods of PAYE beginning on or after 6 April 2010.