Reminder and Penalties
Published on 05 February 2010
Don’t forget that your payments for PAYE/CIS/NIC need to be with HMRC by the 19th if you are paying by cheque or the 22nd if paying electronically.
Get in the habit now of making these payments on time as from May 2010 HMRC have introduced a new tougher penalty regime for late payments. You can make one late payment and then after that you will be fined for each subsequent one with fines ranging from 1% to 4% of the amount unpaid.