Payroll Legislation

Will Reporting Pay As You Earn (PAYE) in Real Time Continue?

Legislation

Will Reporting Pay As You Earn (PAYE) in Real Time Continue?

Due Date

Ongoing

Summary

Following HMRC’s review of the effectiveness of the risk-based approach to late filing PAYE and late payment penalties, they have confirmed this approach will continue for the 2021 to 2022 tax year.

This means that late filing and late payment penalties will continue to be considered on a risk-assessed basis rather than issued automatically. The first penalties for this tax year (beginning 6 April 2021) will be issued in August 2021.

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