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HMRC are set to issue penalty letters to employers who took part in the real-time information (RTI) pilot and have not submitted a final full payment submission (FPS) or employer payment summary (EPS) for 2012/13.
The correspondences – set to be sent out from tomorrow (25 June) – are the equivalent of 2012/13 end-of-year penalty notifications.
Fines have been applied from 19 May 2013 to ensure RTI trialists are treated in the same way as non-pilot employers, according to the Revenue.
HMRC are set to issue penalty letters to employers who took part in the real-time information (RTI) pilot and have not submitted a final full payment submission (FPS) or employer payment summary (EPS) for 2012/13.
The correspondences – set to be sent out from tomorrow (25 June) – are the equivalent of 2012/13 end-of-year penalty notifications.
Fines have been applied from 19 May 2013 to ensure RTI trialists are treated in the same way as non-pilot employers, according to the Revenue.
Trialists who have yet to submit returns for 2012/13 should do so as soon as possible to prevent further penalties applying, remembering they should submit an earlier year update to make their final 2012/13 report because the deadline of 19 April 2013 for submitting a final FPS has passed.
Employers who need to recover 2012/13 statutory payments also need to submit an EPS because the earlier year update will not pick up recovery corrections required.
Full guidance can be found in the taxman's guide to PAYE end-of-year tasks for real-time pilot employers.
