Late payment penaltiesNovember 16, 2011 If you pay your PAYE deductions to HMRC late after 19 May 2010, you may well receive a late payment penalty. HMRC are starting to issue these late payment penalties for 2010/11, which can amount to 4% of the total amount paid late in the tax year. You may not be aware that the PAYE payment had been received a few days late by HMRC until you receive a penalty. Our specialist tax advisers can help you appeal late payment penalties. CLICK HERE FOR - Late payment penalties for PAYE |
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