Is there a fine for not fling a NIL quarterly PAYE/NI return?
Please be aware that if you have no payments to make in a tax month (or quarter, if you pay every three months), you will be required to inform us by way of a nil declaration, to avoid penalties arising.
This text is in the HMRC e-mail I've just had for a new client I've set up as an employer. I've never filed a nil PAYE return before (as opposed to a nil CIS one, of which I have filed many.) I've seen nothing on my CPD courses etc. about there being a change. I can't see anything on the HMRC website either.
Is it true? If so, where is this stated and how much is the fine?
- How much of your work is admin? 651 8
- Will I need to resign? 283 2
- Nominal Ledger 403 12
- The declaration on the VAT return is wrong ??? 158 1
- Gov.UK = NOT OK! 243 4
- HMRC BACK AND FORTH FIGHT ON BTL PROPERTY ALLOWANCES 170 5
- Old CGT loss 233 4
- Limited company purchase of property 463 1
- Bulk submissions to Companies House 462 2
- Which operating version would be better to upgrade to..Windows V7 or V8? 967 14
- Trade creditor journal 76 1
- Working out private usage for a Taxi Driver? 395 9
- HMRC Distraint 108 1
- TaxCalc Accounts production 146 2
- Fines for filing 12 months of FPS on one submission 223 3
- Running two businesses from the same premises 433 5
- Invest in ''buy to let'' property 1,373 42
- Gave wrong info to client about tax due 605 20
- Base value unavailable re. Capital Gain 193 2
- Paper tax return 181 4