No PAYE scheme
We recently took on a long established shop as a client. The business is unincorporated and has one part-time employee.
For the last few years this employee has been paid weekly at a level between the LEL and the ST/PT so no PAYE has ever been due to HMRC.
We now find that no PAYE scheme has ever been operated so the employee has no contributions record.
There is no loss of tax to HMRC but what size penalties will be levied if the client files P14/P35s for the missing years?
Does anyone have recent experience of this type of problem?
- Vat query - EU customer requesting invoice without charging vat 227 8
- Is this legal? 561 9
- Scams are not always obvious 585 16
- Market Value/Connected Persons 152 7
- Auto Enrolment, Payroll, Small Client Advice and what to charge? 569 16
- 100% FYA, do I have to cliam all of it in 1 year? 104 3
- Saying NO to a time wasters 1,960 23
- Cells from many sheets 104 2
- Taxation of rental income 135 4
- notice of consent by surrendering company group relief 126 6
- VAT on long lease in comercial property thathas opted to Tax 47 1
- Childcare vouchers 59 1
- Directors loan 1,384 9
- Expenses allowable against income from lodger 114 1
- New company formation and equity 154 3
- Previously dormant company now medium sized - does it need an audit? 110 1
- Tax planning, transferring BTL property to company 211 5
- Forming a Holding Company 153 2
- SAGE - Filtering Inactive Suppliers/Customers 98 1
- OMB contractor company making himself redundant 235 3
- New Fangled Penalties 1,038
- Moving away from CCH software 899
- Recruitment agencies 521
- QROP pension input amounts 408
- write off loan or loan to equity swap or both 361
- Deemed Employment Payment 340
- HMRC BENCHMARK EXPENSES 301
- Unused Losses and Post Cessation Receipts 297
- EIS relief on transferring shares to spouse 216
- fraud 199