News Tag Results for "PAYE"

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1393
Views

Annual Payroll & RTI

Annual Payroll & RTI   Under real time information (RTI) PAYE reporting, a Full Payment Submission (FPS) report is required to be made to HMRC every time an employee is paid, not j... more

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1323
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Expenses and Benefits Reporting

Expenses and Benefits Reporting The deadline for submitting the annual returns of expenses and benefits (forms P11D and P9D) to HMRC is 6 July 2013. The form P11D (P9D for those paid less ... more


279
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HMRC consult on PAYE reporting requirements

HMRC have launched a technical consultation seeking comments on draft legislation which will amend the PAYE requirements (provided for in the PAYE Regulations) for employers in respect of car data ... more

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153
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HMRC update guidance on MSCs (Managed Service Companies)

HMRC have updated their guidance, following the recent decision in Christianuyi Ltd v R & C Commrs [2018] UKUT 10 (TCC), in which the Upper Tribunal ruled that a number of companies were o... more


84
Views

Interest provisions for late payment, repayment and penalties

The detail of how interest is applied to late payments for corporation tax, Stamp Duty and SDLT and to penalties imposed for failure to comply with obligations under PAYE, is to be clarified. ... more


1258
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PAYE Reconciliations Starting

PAYE Reconciliations Starting   Between now and October 2012 around 5.1 million taxpayers will receive notice of a tax under or over-payment, arising from the PAYE reconciliation exerc... more

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1375
Views

Planning for RTI

Planning for RTI If you are an employer you should have received information from HMRC about operating PAYE under Real Time Information (RTI).  RTI requires more data to be submitted to th... more

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59
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Preventing abuse of the R&D tax relief for SMEs

The Finance Bill 2019/20 will introduce a limit on the amount of payable tax credit that can be claimed by a company under the Research & Development (R&D) SME tax relief. The limit will be... more


1094
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Real Time Information (RTI) Penalties

Real Time Information (RTI) Penalties HMRC has experienced significant problems in reconciling amounts of PAYE due from employers, to the amounts reported under real time information (RTI). As ... more

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1428
Views

RTI Gathers Pace

RTI Gathers Pace We warned you previously about the new real time information (RTI) process. Now HMRC are writing to all employers who are not already part of an RTI pilot, to tell them how to ... more

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1199
Views

RTI Relaxation Extended

RTI Relaxation Extended The temporary relaxation of the RTI reporting requirements for small employers has been extended to 5 April 2014. It was due to apply only until 5 October 2013. Und... more

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1679
Views

Salary and Dividend Strategy 2014/15

Salary and Dividend Strategy 2014/15 As a director and shareholder of your own company you can decide how much salary to pay yourself each month in order to use your tax-free personal allo... more


1125
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Salary, dividend or pension contribution?

Salary, dividend or pension contribution? When you work for your own company you can decide how much salary to pay yourself, how much to pay into your pension fund, and what proportion of the r... more


663
Views

When are tips taxable and/or included in the National Minimum Wage

When are tips taxable and/or included in the National Minimum Wage Confusion often arises regarding tips and gratuities as the tax and NIC treatment depends on how they are paid to the recipien... more

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1367
Views

Whose Fault is Underpaid Tax?

Whose Fault is Underpaid Tax? Have you received a tax calculation (form P800) which shows you owe tax that you thought had been collected under PAYE? Every year the Tax Office undertakes a '... more

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