PAYE returns must be on time from October

Accountants Sayer Vincent’s September newsletter (http://www.sayervincent.co.uk/publications/newsletters) points out that HM Revenue and Customs are tightening up on their requirements for RTI (real time information) returns of PAYE. Late filing after 5th October this year, even of a nil return, will attract a penalty, and from April 2015 these penalties will be automated and sent out quarterly.

HMRC information at http://www.hmrc.gov.uk/payerti/reporting/late-reporting.htm.

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