Deadline reminder for employer reporting

Businesses are being reminded to prepare for making their last full payment submissions (FPS) or employer payment summaries (EPS) of the 2018/19 tax year. The last FPS or EPS up to and including the final day of the financial year on 5 April 2019 requires businesses...

Auto-enrolment passes 10m milestone

More than 10 million people have been brought into workplace pension saving through auto-enrolment, figures published by The Pensions Regulator show. As of 31 January 2019, 10.003m people were automatically enrolled into a pension scheme, leading Amber Rudd, Secretary...

Businesses ‘not ready’ for MTD deadline

With less than two months to go before the deadline for Making Tax Digital (MTD) for VAT, many businesses are still not prepared, according to a report by software provider Advanced. The first businesses that are VAT-registered and have an annual taxable turnover of...

Businesses ‘not ready’ for MTD deadline

With less than two months to go before the deadline for Making Tax Digital (MTD) for VAT, many businesses are still not prepared, according to a report by software provider Advanced. The first businesses that are VAT-registered and have an annual taxable turnover of...

Auto-enrolment fines rise 146%

Fines issued to employers failing to comply with their auto-enrolment responsibilities have more than doubled over the last two years, a report from the Pensions Regulator shows. In 2017/18, 36,137 fines were issued to employers for not complying with the requirements...