RTI penalties start October 2014

Tax Comments Off on RTI penalties start October 2014

Earlier this year, HMRC announced that the penalties for late returns of payroll information (RTI) would start from October 2014 instead of April 2014. If you operate your own payroll, make sure that your RTI submissions are made on time to avoid an automatic penalty.

Remember that the RTI submission should normally be made on or before the date when the wages or salaries are paid to the employees.

For help on payroll please contact Sue Stephens or John Elliott.