ACCOUNTANTS, TAX CONSULTANTS & ADVISERS TO BUSINESS

121 Trewmount road, Dungannon, BT71 7EF

Powers to prevent deliberate non-payment of PAYE

From 6 April 2012 HM Revenue & Customs (HMRC) will be able to ask employers to pay a security where there is serious risk that they won’t pay over their PAYE tax deductions or Class 1 National Insurance contributions (NICs). This will not affect the vast majority of employers who pay their tax on time and in full. And it won’t be used for employers who are having genuine problems. Why HMRC has been given this new power Businesses have repeatedly told HMRC that they resent the unfair advantage gained by those who don’t meet their tax obligations. HMRC is…
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