Employers to enjoy more carrot and less stick from the taxman!

HMRC have quite publically been criticised for their delayed response to the late filing of P35 annual returns by employers in recent tax years.
With their duty of fairness HMRC have responded very positively by adapting their approach for the tax year to 5 April 2012. Therefore, towards the end of April HMRC will start issuing reminders of the 19 May filing deadline when they believe the annual return remains outstanding and from the end of May they are issuing interim penalty warning letters earlier than ever before.
Whilst this is a welcome development Marshall Smalley reminds employers that they have a right of appeal against such penalties, so where there is a reasonable excuse the penalties can be reduced or even cancelled. If you have a problem with tax penalties contact Marshall Smalley and they will help if they can.