Employers End of Year Returns

The Employers annual returns P35 and P14 (P60) are due for submission to HMRC by 19 May 2007. There is a tax free incentive payments due of 150 for small employers with less than 50 employees who successfully file their returns electronically.

 
HMRC have issued their usual guidance and a list of thing to check out for in the year end paperwork. Unfortunately there are some errors in the guidance with regard to the national insurance limits used. Use the links below to access the original guidance together with the changes.
 
HMRC have also announced that their online system will be unable to process returns at all between 4 and 6 April and will be able to accept returns but not issue acceptance or rejection notices on 7 and 8 April. The shutdown of the system is due to them running the annual tax year rate change updates.

more from PAYE

Employment Taxes update
Employment Taxes
Holiday Entitlement to Rise
Holiday Entitlement to increase from the current 20 days
National Minimum Wage Increases
New National Minimum Wage rate of 5.52 (5.35) an hour from October 2007
Employers End of Year Returns
Employers annual returns P35 and P14 (P60) are due for submission to HMRC by 19 May 2007
Penalty Notices for Employers
HMRC have recently issued a considerable number of penalty notices to employers
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