Client not made Employer return but PAYE/NIC is zero
A new client has set up a company, and in the first year their bookkeeper went down the dividend/salary route, and they paid a £20k dividend plus a £5k Salary, however they did not submit employer year end returns for the first year, they made no submission as they didnt think they had to as they were paying below the threshold and no paye/nic was due. In fact I dont think they registered with HMRC as an employer until year 2.
They have now registered as an employer, the only employee is the director.
Where they hadnt registered they did not recieve the filing reminders, Im trying to find out what the penaltys/fines will be with a zero liability.
Can anyone confirm.
Thanks in advance.
- capital allowances - Demolition of a building 157 1
- Corrupt excel .XLSX file 167 2
- Are any of you members of The Institute of Financial Accountants - Accountnats certificate 453 4
- Limited by Guarantee - Members 66 1
- VAT refund 304 3
- Are you going to Tick and Bash on 21 May? 1,278 37
- flat rate scheme 107 2
- Turnover on a tax return 538 12
- Company limited by guarantee having only 1 member 99 2
- incorrect old p60 559 15
- Company to buy shareholder land 111 4
- Deferred income - financial concern no recognised turnover CT600 180 1
- Posting Corp Tax to Sage Line 50 143 1
- Special dividends & CGT 200 1
- Director's Earnings when Drawing from Goodwill profit from Sole Trading Company sale to Ltd Company 184 1
- Networking 356 5
- Bank Interest Held by Solicitor During Divorce 276 2
- US company hiring UK citizens in UK 302 4
- What VAT to reclaim on van purchased on HP? 334 5
- Professional coaching claimable? 288 2