Those receiving childcare vouchers should be reviewed to ensure they do not need an amendment to the value they are eligible to receive. As part of the PAYE process, HMRC requires you to complete a Basic Earning
However, HMRC has confirmed you won’t incur any filing penalties for late submission of quarterly updates during the testing period, but this exemption doesn’t apply to the final declaration due by 31 January. This means you can still accumulate points under the new penalty system for submitti...
To get SMP you must give your employer at least 28 days notice of the date you want to start your pay. You can give notice for leave and pay together in the 15th week before your baby is due. To get SMP you MUST give your employer a copy of your maternity certificate (form MAT B1...
If you’ve been overpaying you will be due a refund; if you’ve underpaid you will have to make a payment to HMRC. If the latter is true, you can often arrange to pay in instalments, rather than in a lump sum. You also should have to pay back taxes only from the past four year...
It's written to help you understand your Tax's and is not to be relied upon as professional accounting, tax and legal advice due to differences in everyone's circumstances. For additional help please contact our support team or HMRC. 5 Excellent Reasons to Choose Us to File Your Tax ...
You will also need to prove to HM Revenue & Customs (HMRC) that you are “gainfully self-employed” and that it is your main work. This may involve sharing evidence that your self-employment provides regular work and income, as well as being profitable. If you cannot demonstrate this, you...
PAYE: 20 years VAT: 20 years Advice for Being Investigated 1. Keep Your Books Up-to-Date Not only does HMRC require up-to-date books, but you always need a clear picture of your business’s financial records. Having accurate records helps with this. ...
is justified, it follows that it must prove the relevant default, which is the trigger for any penalty or surcharge to be levied. It is for HMRC to prove that a penalty is due. That involves HMRC proving, on the balance of probabilities, that the required end of yea...
Pay As You Earn (PAYE) Brands based outside of the UK will need additional or other resources, including a proof of VAT compliance in their own country, passport copies, and proof of UK business activities. HMRC will then review and process the application. If it is successful, they wi...
As such, they may not be eligible to furlough staff and claim under the scheme. If you are in receipt of public funding and this is used to pay all or part of staff salaries, we suggest that further advice is taken from HMRC or your public funding body before agreeing to furlough ...