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Automatic RTI Late Filing Penalties from today

In addition to Late Payment Penalties, HMRC will be applying automatic Late Filing Penalties from 6th October 2014, so if you are not already filing your RTI reports on time, now is the time to do it!  Penalties will be applied directly to your account, you can view them in your HMRC online account.

HMRC matches your RTI report with your payment, and at the end of the year will add up how many late payments you made and charge you penalties.  From April 2015, they will be charging you quarterly!

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