Rise in Interest Rates for late payment of Tax
The interest of late payment of liabilities to HMRC has now risen to 7.5% per annum.
We would therefore recommend that employers pay their PAYE and NI Liabilities promptly to avoid any interest being levied.
If you pay your liabilities quarterly, we recommend the following final quarter dates for payment: 19th July, 19th October, 19th January and 19th April.
If you require any help with your nannies payroll, please do not hesitate to contact us.
