The taxman stands accused of “keeping small businesses in the dark” after
failing to tell them of their one-year exemption from e-filing their annual
employers’ return, according
HMRC announcements make no reference to the concession, instead stating that
all businesses must file returns electronically this month, with paper filing
attracting a penalty.
However, protests from hairdressers and other small businesses without
computer access forced HMRC to admit to the Telegraph that businesses with five
or fewer employees would not need to file the information online until next
HMRC referred callers to Income Tax (Pay as You Earn) (Amendment No 2)
Regulations 2009 but the Telegraph found no mention of the dispensation in the
When pressed further, HMRC told the newspaper: “There is no specific
exemption for employers with five or less employees.
“However, for this year only, if an employer with five or less employees
sends their return to us on paper, rather than send them a penalty notice, we
will instead write to them to remind them of their obligations and explain where
they can find further help and guidance.”
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states