TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Three day PAYE penalty easement extended until 2019

HMRC has recently extended the three-day easement for PAYE late filing penalties until 5 April 2019. According to the guidance, a penalty will not be charged if a Full Payment Submission (“FPS”) is late but all reported payments on the FPS are within three days of the relevant payday (this applies from 6 March 2015 to 5 April 2019).

The easement does not apply to all filings within three days. Employers who persistently file after the payment date but within three days may still be considered for a penalty.

What happens if you do not report payroll information on time provides information for employers about late or non-filing PAYE penalties, specified charges, inaccurate reports and how to avoid penalties in future. The guide has been updated to reflect the extension to the three day easement.