Stewart Associates (Shrewsbury) Ltd
Emstrey House (North), Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.

Telephone: 01743 235236   Email: enquiry@saltd.co.uk

Click here to subscribe to our newsletter

5 March 2014

New timetable for RTI penalties

HMRC have announced a new timetable for their introduction. Under the revised proposals, automatic in-year penalties where returns are filed late will now take effect from October 2014, but automatic in-year penalties for late payments of PAYE and NIC will not commence until April 2015, one year later than originally planned. However, from April 2014, interest will be charged in-year rather than after the end of the tax year on any in-year payments not made by the due date. 1 to 3 defaults per annum 1%, 4 to 6 defaults 2%, 7 to 9 defaults 3%, 10 or more 4%. Additional penalties, at a rate of five per cent of the amount unpaid, apply to amounts outstanding six months and 12 months aft

 

Contact Us

    01743 235236




    News Items

      2/3/2021

      Construction Industry VAT Reverse Charge

      If this applies a contractor will need to notify its subcontractors. This flowchart will help you...  Read more >>


      14/12/2020

      December Furlough claim

      Please note: This is for Employers(including Directors of one/two person companies) The Coronavi...  Read more >>


      26/11/2020

      COVID Grants and the Self-employed Scheme (SEISS)

      SEISS: Self-employed Income Support Scheme (not appropriate for people working through limited compa...  Read more >>


      16/11/2020

      Local COVD Grants

      We noticed Shropshire Council published details on Friday evening of where to apply for local COVID ...  Read more >>


      16/8/2020

      2nd Self-employment claims AND August Furlough Claims circular email 16th August 2020

      Self-employment claims (does NOT include Directors of one/two person companies) The second claim ...  Read more >>


      All News Items

      © 2021 Stewart Associates (Shrewsbury) Ltd. All rights reserved.       Terms & Conditions | Privacy Policy | Site Map   Website created by Datacraft