RTI penalties coming in from 6/10/14

RTI penalties coming in from 6/10/14

Didn't find your answer?

Do the new RTI penalties apply to RTI adjustments filed for periods before 6/10/14 or earlier year updates?

Replies (4)

Please login or register to join the discussion.

avatar
By Jeffre
22nd Sep 2014 15:07

RTI penalties

Announcement on 10 September means relaxation in rules so no

Thanks (0)
avatar
By geroge
22nd Sep 2014 15:23

Thanks, but I have a client with over 50 employees so their start date is 6/10/14 - it would be unfair to treat an adjustment as late filing, so hopefully not the case, but would be grateful if anyone could confirm.

Thanks (0)
Euan's picture
By Euan MacLennan
22nd Sep 2014 15:40

Code H

If you mark the Late Reporting Reason (scroll up a bit) as H - Correction to earlier submission - on your amending FPS, then hopefully HMRC will not impose a late filing penalty.

However, why are you submitting an amending FPS after the pay day?  HMRC's preferred method of correcting errors is to adjust the YTD figures on the next pay period's FPS.  Do that and you avoid all risk of a late filing penalty.

Thanks (0)
avatar
By geroge
22nd Sep 2014 15:42

Thanks Euan, that makes sense.

I have a situation where we may need to file amended FPS returns as well as an EYU for 2013/14 (apparantly some employee records were mixed up) and I was just wondering if it was critical to do this before 6/10/14

Thanks (0)