PAYE Real Time Information Penalties Revealed

HMRC announces penalty information for tax years ending 5 April 2013 and 2014

HM Revenue and Customs (HMRC) have published the penalty regime for late and inaccurate returns for 2012-13 and 2013-14.

Late Returns

As expected, there will be no change to the current penalties for late filing of returns for years 2012-13 and 2013-14. Therefore penalties will continue to apply at the tax year end. When an in-year Full Payment Submission (FPS) is submitted late, no penalty will be charged.

If an employer still has information to send after 19 May following 5 April a penalty will arise.

Penalties are calculated on the basis of £100 per 50 employees and continue to accrue for each month (or part month) that a return remains outstanding after 19 May.

Inaccurate Returns 

For year ending 5 April 2013, no penalties will apply for inaccurate in-year FPS. Penalties may be charged at the end of the tax year based on the final FPS for the year.

The position changes from 6 April 2013 when penalties for inaccuracies may apply to in-year returns.

Below is a link to the HMRC website, which provides more information on the penalty regime.

For more information on RTI or any payroll matter please contact Neil Cameron in our Payroll Team by email to or phone 0131 558 5800.