PAYE End of Year Forms - COMPULSORY ONLINE FILING

If you employ less than 50 people in your business your employer annual return has to be filied online by 19 May 2010and this applies to every business now. 

The Revenue have written to all small employers stating that there is no longer an option to submit the end of year forms on paper.  If you still do so, then you will receive a penalty. 

As an employer you should register with the HMRC PAYE online service, in fact help is available at www.hmrc.gov.uk/paye or from their CD-ROM which hase been sent to all employers.

From May 2010 there are new penalties for late payment of your PAYE.  These amount to between 1% to 5% of the amount paid late depending on how many times you have paid late in a year.