HMRC late payment what happens?

[GardenGirl]

I made a banking c*ck up, usually I pay my NIC and Tax setup to auto pay on the 12th of the month but was filing online and checking back the amounts i paid in the last 12 months to find some months didn't pay. I've paid it straight away but obviously its now late, will I get a a fine?

Note to self: check the bank statements properly in future!

[xoggoth]

Although it is normally paid monthly or quarterly, I don't believe there is any interest due if all paid by 19th April after end of year.

[tim123]

Although it is normally paid monthly or quarterly, I don't believe there is any interest due if all paid by 19th April after end of year.

That is not the case.

I once made one of the monthy payments late and at the end of the year they send me a demand for interest on that payment.

tim

[xoggoth]

You are right. They never applied it to me, obviously these rules are for lesser mortals.

http://www.hmrc.gov.uk/paye/file-or-...eadlines.htm#5

[EchoSierra]

How do you find out if you're supposedly to be paying it monthly, quarterly or bi-annually?

I never got any notification and after catching up on payments I have been paying it monthly via internet (http://www.hmrc.gov.uk/payinghmrc/paye.htm#3)

[GardenGirl]

How do you find out if you're supposedly to be paying it monthly, quarterly or bi-annually?

I never got any notification and after catching up on payments I have been paying it monthly via internet (http://www.hmrc.gov.uk/payinghmrc/paye.htm#3)

If you pay less than a certain amount a month (1500 I think) you can opt to pay quarterly