HMRC Key Messages
Welcome to your October 2012 Key
Help and support for business includes HMRC on YouTube
Anyone who starts up and runs a business can
find it challenging, so to help you understand tax matters HMRC
offers a range of
products that you may find useful in helping you run your
business. One of these options is a selection of YouTube videos.
There are twenty two videos covering various topics that might be
helpful or of interest to you and your business.
HMRC's PAYE Desktop Viewer (PDV) has been updated
If you currently use this handy desktop tool
or are interested in seeing if this application would be helpful to
your business, please download the latest version of PAYE Desktop
Viewer (PDV). This application allows you to view, search and
sort online PAYE (Pay As You Earn) tax codes, notifications and
reminders. It is particularly helpful if you receive a lot of codes
and notices during the year.
Are you an employer with up to nine
Did you know that HMRC offers a free computer
software package to help you run your payroll? The latest version
of Basic PAYE
tools for employers is now available for you to download.
This tool helps you by working out the Tax and National Insurance
(NICs) for your employees in each pay period; it also allows you to
you file your Employer Annual Return (P35 and P14’s) online, if you
have up to nine employees at 5 April. It can also be used to send
in your starter and leaver forms (P45 and P46) online throughout
Paying your Self Assessment by Direct Debit?
Have you thought about setting up a
Payment Plan? You can use this to make regular payments towards
your future Self Assessment tax bill. This may be worth thinking
about if your payments are up to date and you are making them by
Direct Debit. A Budget Payment Plan is flexible and will let
- choose the amount you want to pay either weekly or
- change the regular payment amount,
- suspend payments for up to six months
- cancel the payments at any time
New rules will allow more companies to make
commercial decisions about whether or not to have a statutory
If these plans are of interest to your
business please read the recent
announcement by the Business
Secretary, Vince Cable.