Employers urged to beat may deadline
HM Revenue & Customs (HMRC) is urging employers to file their PAYE end-of-year returns by the 19th May deadline, or they could face a penalty.With time running out, employers need to finalise their return and send it to HMRC as soon possible.
Employers with fewer than 50 employees - who can file either on paper or online - are being encouraged to file their returns electronically. Not only is it quicker and easier, but they will get £100 tax-free for doing so.
If you're an employer and you want to start filing online, you must first register with HMRC's online PAYE service. It can take a week to get the activation PIN after you've registered, so it's important to register as soon as possible. Alternatively, you can ask an agent or payroll bureau to file your return.
If you need help or advice, visit the HMRC website at hmrc.gov.uk/payeonline, or call the HMRC Employer Helpline on 08457 143 143. There's also a video podcast available which provides an introduction to employer filing online, which can be downloaded free from the HMRC website at hmrc.gov.uk/podcasts.
Don Macarthur, Head of HMRC's Employer Team, said: "Don't leave it to the last minute. Get your employer return in now, and beat the 19th May deadline."