It is that time of year again when businesses have to start preparing their Employer Annual Returns which are due to HMRC by 19 May, says the CIPP’s Diana Bruce.
This task can never be looked upon lightly as failure to adhere to the rules could result in hefty penalties. Of course there is a lot more than filing returns involved at the end of and after the tax year, and these duties can just as easily incur penalties if reasonable care is not taken. Penalties are charged for a variety of reasons, including incorrect returns, late returns, late PAYE payments and a failure to file online where mandatory.
Employer Annual Returns