You may remember in the news a while back that the government announced they were considering introducing Direct Debit payments for vehicle tax…
The new payment method’s aim was to ease the financial burden of running a vehicle by dividing vehicle tax into affordable monthly repayments. Polls revealed that 26.3% of vehicle owners purchased a 6-month tax disc,
Last month HMRC announced that the start of the RTI penalty scheme would be staggered…
They had “listened to customer feedback and decided to give employers more time to adapt”; so PAYE penalties that were due to start on 6th April for late filing and late payments were given new dates:
- April 2014 – interest on overdue in-year payments.
- October 2014 – penalties for late filing.
- April 2015 – penalties for late payments.