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BizHelp24 Edition No. 134
Tuesday 17th May
2005

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May 2005 - Small Business News

 



Don't Miss the Annual Returns Deadline
 



If you haven’t yet filed your Employer’s Annual Returns then you need to act quickly; the deadline to get them to HM Revenue & Customs (HMRC) is the 19th May 2005. 

If you fail to get the returns in on time you risk getting a late filing penalty; and if you are registered to file online, you risk missing out on the incentive payment for small businesses. HMRC recommend that if you are filing online, you do so before 10am and after 4am to avoid the peak rush that could slow the service down.

While businesses with over 249 employees are required to file online, smaller businesses do not have to; although you may find that this saves time in trying to beat the deadline!

If you are running a little late, don’t panic; if your return arrives after the 19th May, but before the 27th May, you are not likely to be charged a penalty, although the return will still be marked as late. There is plenty of help available from the government, so act now and avoid those penalties.

Information on the returns and what you need to do are available from the HMCE website here.


 




 


 

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BizHelp24 – UK business and finance information, news, help and services for small businesses BizHelp24 is a UK business and finance resource providing Small Business Help, Start up Information, news and services; for individuals and Sole Traders. Comprehensively covering a wide range of key business, finance, and service topics. Employment and personal information includes Work Times and Break Entitlement, Body Language, employee Holiday Entitlement and Employment Contracts. Credit Policy information includes Letter of Credit, useful Credit Notes, Business Loans. and Cash Flow Control. Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names,

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