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Archived SME tax news

Penalties: PAYE Annual Returns P35 & P14

Last Updated: 02 December 2020

This note covers periods up to 2013-14 and employers who are not submitting under RTI in 2014-15.

Under Real Time Information reporting (RTI) employers do not have to submit returns P35 and P14 online.

Deadline for PAYE annual returns P35 and P14 online is 19 May 2014.

If an employer has registered for PAYE but not paid any employees then it needs to notify HMRC that no annual return is due. Otherwise HMRC may issue a penalty and there will be time wasted in appealling it.

Penalties for late PAYE returns

This is slightly confusing: despite a massive overhaul of penalties in recent Finance Acts (see Tax penalties: late filing) PAYE annual returns are still under the old penalty regime.

PAYE Annual returns

  • For PAYE Annual Returns due the late filing penalty is £100 per month or part for up to 5 employees, £300 for 6 to 49 employees, £600 for 50-249 employees and then £300 for each 100 employees.
  • HMRC will write to employer before 19 June to advise them that no return has been received, it must be filed before 19 June in order to avoid higher penalties.
  • You may appeal against a late filing penalty

For those under Real Time Information Reporting see Tax penalties: RTI (Real Time Information)





Green fees (not-for profit clubs) VAT

Last Updated: 13 July 2022

Accountants Deloitte noted that HMRC issued a VAT Brief that gives their views on ‘unjust enrichment’ refunds and ‘not for profit’ sports clubs. 

Read more …

Not more travel mix-ups?

Last Updated: 21 October 2015

In Dr Samad Samadian v HMRC [2014] UKUT 0013 (TCC) a self-employed doctor was unsuccessful in his appeal to the Upper Tier Tribunal: his claim for tax relief on travel between different workplaces was disallowed.

Read more …

Offshore Employment Intermediaries consultation

Last Updated: 28 March 2014

Offshore Employment Intermediaries: HMRC consultation on measures designed to tackle tax avoidance when UK companies engage UK workers via offshore arrangements that are designed to avoid PAYE and NICs ended in October 2013. It has been decided to introduce simplified proposals.

Read more …

Furnished Holiday Letting: Pawson case

Last Updated: 10 October 2024

In HMRC v Nicolette Vivian Pawson (Deceased)  [2013] UKUT 050 (TCC) the Upper Tribunal (UT) decided that a furnished holiday letting (FHL) business did not qualify for IHT Business Property Relief (BPR). All is not lost for FHL owners, more actively run businesses should still qualify for relief.

Read more …

Interfish appeal fails

Last Updated: 28 March 2014

In Interfish Limited V HMRC [2013] UKUT  0336 the Upper Tier Tax Tribunal rejected an appeal by Interfish Limited that payments it made to Plymouth Albion rugby club as sponsorship were wholly and exlusively incurred for the benefit of the company.

Read more …

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Last Updated: 02 March 2026

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Quick news from HMRC

Last Updated: 28 March 2014

Quick news from HMRC: a summary of news for the last two weeks.

Read more …

Close company EBTs and HMRC

Last Updated: 28 March 2014

 HMRC has cracked down on companies whose directors use their EBTs for cheap loans and deferring income tax.

Read more …

  1. Land & Property: Adviser's Update
  2. When a dividend is subject to NICs (Part 3)
  3. IR35: changes from 2013
  4. Budget 2013 - At a glance
  5. Tax-free Childcare scheme
  6. Capital Taxes round-up: January 2015

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