HMRC has announced plans to exempt small employers with 49 or fewer staff from being issued with automated PAYE real-time information late filing penalties until March 2015. The CIOT has welcomed the announcement, with Colin Ben-Nathan, Chairman of the Employment Taxes sub-committee, stating:Smaller employers, in particular, need a longer period of time to adjust to PAYE and other administrative changes because they have very limited resources which are primary geared to servicing their clients and customers.”

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