Employer Annual Return deadline looming
Companies need to ensure they have filed their Employer Annual Return by May 19th, otherwise they could face a penalty.
HM Revenue and Customs (HMRC) has offered tax advice
to firms that are falling behind with their paperwork as the deadline approaches.
In previous years, an extra-statutory concession was in place to give companies extra time before being faced with a penalty, but this is no longer the case.
Smaller companies are able to file their employee data online using HMRC's Online Return and Forms - PAYE [pay as you earn] product.
In recent days, HMRC launched two more toolkits aimed at helping tax agents and their customers avoid making errors when filling in their tax returns.
"HMRC now offers a comprehensive range of agent toolkits which highlight the common risks and errors that we find in returns in a number of key tax areas," explained Brian Redford, deputy director of the business customer and strategy unit.
Published on: April 19, 2011
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