You may have read or heard on the news this last week about HMRC’s recent decision not to charge a penalty for people despite their tax return being submitted late.
Are you a contractor – if so READ ON to see how you are now subject to new HMRC reporting requirements?
If you are contractor, you will almost certainly be affected by new strict reporting requirements which came in from 6 April this year.
To see how these new rules will almost affect your contracing company, we strongly recommend you read our fact sheet on this.
Do contact your manager or me if you have any queries about these new rules.
I would remind everyone to be aware of scam emails purporting to be from HMRC. This is a prime time for such scam emails, not long after the filing deadline for the 2013/14 tax returns has passed.
HMRC will never ask you to give personal information via email. Please make sure you never reply to such emails.