Business News - February

PAYE end of year returns

HMRC are running a series of workshops on the online completion of end of year PAYE returns. You can use the link below to see when sessions are running in your area. 

The end of year forms P35 and P14, which include details of amounts paid to employees as well as deductions made under the CIS scheme, have to be filed by 19 May 2008.  Employers with more than 50 employees have to file online or face penalties. Smaller employers are entitled to a tax free incentive payment of £100 for filing the 2007/08 end of year forms online.

If we already deal with your payroll, you can be assured that we will deal with this on a timely basis for you. If however you would like some help in this area please do get in touch.

Internet link: HMRC online filing

For more information contact Moore Thompson on 01775 711333.

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