Late Penalties | PMA Accountants

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Currently viewing the tag: "Late Penalties"

New penalties for late in-year PAYE payments

On September 12, 2009 By PMA

From May 2010 new penalties for late payment of PAYE will be implemented. From then on, employers and contractors may have to pay a penalty if they do not pay the PAYE due each month, on time and in full.

How do the new penalties work?

The penalties will be a percentage of the amount [...]