Intermediaries who have operated the IR35 concession to delay making a final return and payment for the tax year ending 5 April 2014 are reminded that they have until 31 January 2015 to submit accurate figures and pay any outstanding amounts.

This concession operates where a provisional return and payment have been submitted but cannot be confirmed because final figures were not known at the end of the 2013/2014 tax year. Adjustments should be reported on an Earlier Year Update submitted electronically to HMRC between 20 April 2014 and 31 January 2015. Interest will be charged in the normal way to the date of full payment. HMRC will not be issuing reminder letters.