PAYE penalty notices
Penalty notices are being sent to businesses which have not submitted their 2007-08 Employer’s Annual Return – ie the P14 and P35 forms.
The returns were due by 19 May 2008 and these penalty notices are part of a rolling penalty for late submissions. This latest penalty of£100 per 50 employees for each month the return is late is for the four months from 20 January to 19 May 2009. For a business with less than 50 employees the penalty notice will be for £400. Penalty notices for the previous two, four month periods were issued in September 2008 and January 2009.
Any businesses that have an outstanding appeal against either the first or second interim penalty will not be issued with a further penalty. Taxpayers who wish to appeal the current penalty notices have 30 days to appeal to the office shown on the penalty notice.