Member Since: 25th Feb 2011
14th Feb 2018
I think HMRC had limited the number of people who could attend. I tried to register for all three yesterday morning and got the message 'webinar full'! So I don't think it's that people aren't interested - more that typical HMRC don't have the facility (or desire) to open it up to more agents.
7th Jul 2017
Thank you Lion, I can see that now.
Very much appreciated.
1st Jun 2017
There has been a recent case where incarceration was found to be a reasonable excuse, only on the basis that the late Tax Returns were then filed promptly. Have a read http://financeandtax.decisions.tribunals.gov.uk//judgmentfiles/j9785/TC0...
12th May 2017
Anyone? We can't be the only firm to have been asked about this or thought about it?
10th May 2017
It's really quite straightforward - here's the link https://www.gov.uk/maternity-allowance/eligibility
In practice, once claim is made, they will start paying only £27 a week but will give option to pay 13 weeks Class 2 now and, as soon as that's paid, they backdate the £140pw. Just did this for a client recently and whole thing took a couple of weeks.
10th May 2017
Sounds as though you definitely have the three months then! Yes, there is benefit to claiming the expenses if they give rise to an allowable loss as that could be offset against previous year income (if she was employed and paying tax for instance) or carried forward against 16/17 profits (if any!)
9th May 2017
What is the actual date of issue of the 2015/2016 Tax Return? As you have three months to file online from this date so you may not actually be in a penalty position as of yet! Either way, get the Tax Return filed asap - just include the £500, leave the expenses if it's going to be too difficult to calculate what they are and what is allowable. Make sure you add in any other income she had in the tax year (e.g. employment income or government benefits). If you do file within the three months from issue date, there is no late filing penalty - only a penalty for failure to notify chargeability but this is tax-geared so if there is no tax to pay, there can be no penalty. And then get an accountant for moving forwards!
6th Apr 2017
Just been on phone with Iris and they say download now available for version 17. Will upload tonight when all staff have left - let's hope it's a working version!
15th Nov 2016
But how can I file an eps for 15/16 when I've just created the PAYE scheme October 16? And what about late filing penalties?
So are we saying I should file all CIS deducted from 18/05/2015 through to date on the next RTI submission?
Nooo - you don't include 15/16 CIS tax in 16/17! If your software won't let you file a month 12 EPS for 15/16, just ring HMRC and ask them to backdate the PAYE scheme to 5/4/2016 so that you can do the one EPS needed. Shouldn't be any penalties as there were no FPSs needed.
You report cumulative YTD figure on EPS submission, so just report all YTD CIS tax suffeerd on P7 EPS.
Soto clarify, all CIS suffered from 18.05.15 to 30.11.16 to be reported on Month 7 EPS 16-17?? What about the 15/16 element (18.05.15 to 05.04.16)? Surely HMRC wont accept this??
14th Nov 2016
Its is definitely a stupid way but unfortunately we are stuck with it! It usually takes 72 hours for their online records to be updated so give them a call in a few days asking for offset. You've got almost four months so no need to panic. If they won't do it via phone, stick a letter in post instead.