Penalties for late payment of PAYE from tax year 2010-11 - Dec 2009
From tax year 2010-11 H.M. Revenue and Customs may charge penalties
if PAYE is paid late.
This includes:
- tax
- National Insurance contributions (NICs)
- Contribution Industry Scheme deductions
- Student Loan deductions
This means you may have to pay a penalty if you do not make PAYE payments
on time and in full from May 2010.
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