Autumn – Winter 2011 Newsletter
Mainly for advisers
As we face another round of PAYE underpayment demands it is a good time to take stock of what has been happening in Tax Debt. There have been many changes: Special Relief replacing Equitable Liability; shorter time to pay; tougher recovery.
Changes also with tax returns – as we pass the 31 October 2011 deadline for filing of 2010/11 tax returns on paper, are we ready for the new penalty regime which could mean £1,600 of non-refundable penalties even when no tax is due.
Find out more in the Autumn – Winter Update 2011