E4 ACCOUNTS & PAYROLL
E4 ACCOUNTS & PAYROLL

We keep you updated

We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at E4 Accounts and Payroll.

Self-employed NIC penalties

From 6 April 2009 there is a change in the penalty to pay for late notification to the HMRC that you have commenced self-employment.

Up to 6 April 2009 the penalty was £100 and you had 3 months after commencement of trade to let HMRC know.

From 6 April 2009 the rules have been changed as follows:

  1. Anyone who ceases or becomes liable for Class 2 or Class 3 contributions must notify HMRC immediately.
  2. A penalty may be levied (between 30% and 100% of the "lost contributions") if notice is not given by 31 January following the end of the tax year in which you become liable.
  3. There will be no penalty if you have a reasonable excuse for the late notification.

You may find out about other changes in a consultation at our office.

Office hours

Mon - Fri       9am - 5pm

Making an appointment

If you have any queries or wish to make an appointment please contact us:

 

Tel: 0208 529 3753

Mob: 07730 988 170

 

Email: enquires@e4accounts.co.uk

 

Alternatively, please use our contact form.

Address

E4 Accounts and Payroll


64a Station Road

Chingford

London

E4 7BA

 

Propreitor:

E Farrell MICB CB.Cert PM.Dip

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