HMRC had previously issued a significant number of incorrect late filing penalty notices to employers in respect of their 2006/07 PAYE end of year forms P35 and P14. These forms are used to report details of employees pay, tax, national insurance contributions, etc.

HMRC have now advised that they have sent letters to all those employers who they believe submitted their 2006/07 Employer Annual Return on time, but who received an incorrect penalty notice, explaining that the incorrect penalty has been cancelled.

Please do get in touch if you have not received a letter and believe that the penalty notice you received is incorrect.

Internet Link:

HMRC penalties update