P11D and P11D(b) deadline approaches

Employers have until 6 July 2019 to report employee benefits and expenses for the 2018/19 tax year. Any taxable benefits must be reported before the deadline using P11D and P11D(b) forms. Failing to meet the deadline could result in a penalty of £100 for every 50...

Recruiters call for flexible training levy

The apprenticeship levy should be changed to a ‘flexible training levy' that includes temporary workers, according to the Recruitment & Employment Confederation (REC). The levy is paid by employers with a pay bill over £3 million a year, who receive an allowance...

Tax gap rises to £35 billion

An estimated £35 billion of tax due was not paid in 2017/18, according to the most recent tax gap report from HMRC. The report, which measures the difference between the amount of tax that should be paid, and what is actually paid, said this made up 5.6% of total tax...

HMRC error affects payments on account

An error with HMRC's systems means some taxpayers may not receive an expected bill for payments on account next month, but will need to pay a much higher bill in January 2020. This warning comes from the Association of Taxation Technicians (ATT), which is advising...

June PAYE payment deadline falls on a weekend

The deadline for making a PAYE payment to HMRC falls on a Saturday this month, meaning employers may have to act sooner to pay on time. A PAYE bill may include employee income tax deductions, class 1 and 1b national insurance contributions, student loan repayments,...