PAYE Employer Annual Return
Small businesses that file their 2008/9 Employer Annual Return online are being offered a tax-free payment of £75! In order to qualify, the business must employ less than 50 employees and file a valid return online.
Larger businesses must submit the return online this year or face a penalty for not doing so. Smaller businesses still have the choice of online or paper filing but are being offered the £75 carrot to do so online.
In order to file online businesses must first register with the PAYE online service. Following registration it can take up to a week for an activation PIN to be sent.
The annual return is due by 19 May 2009. Small businesses which use a third party such as a tax adviser or payroll bureaux to file on their behalf still qualify for the £75 payment.