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What Are the Compliance Risks of Missing Payroll Notifications?

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Missing payroll notifications can lead to serious compliance risks, including penalties from HMRC for late or incorrect submissions. Employers must report payroll information through Real-Time Information (RTI) before or on each payday. Failure to do so can result in automatic fines, interest charges, and potential audits. Additionally, late tax payments for PAYE, National Insurance C... https://xactaccountants.co.uk/services/payroll-processing/

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