PAYE RTI penalties – continuation of the risk-based approach to charging penalties

Penalties, Real Time Information, Taxation 1 Minute

HMRC is to continue its risk-based approach to PAYE late filing and late payment penalties for the 2020/21 tax year.

This means that late filing and late payment penalties will be considered on a risk-assessed basis and not automatically. Penalties for 2020/21 will be issued from September 2020.

Support is available for Employers during the Coronavirus (COVID-19) pandemic including more time to appeal.

Employers can include problems caused by COVID-19 as a reasonable excuse that prevented meeting tax obligation.

For more information go to:

HMRC Tax Appeals
Reasonable excuse

PAYadvice.UK 18/8/2020

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