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PAYE: 2007-08 penalties for outstanding P11D(b) returns

From 10 November 2008 the Revenue will send penalty notices where their records show that 2007-08 form P11D(b) Class 1A National Insurance contributions Annual returns have not been received.

These returns were due by 6 July 2008. The penalty will be £100 per 50 employees for each month the return is outstanding, from 7 July 2008 to 6 November 2008, i.e. four months.

If you have not sent your return I would recommend that you do so as soon as possible.
If you need any help please let us know.
 

 

 

Date: 21st November, 2008
Author: Cathy Corns

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