arrangement

HMRC Penalties for late payment of HMRC, NIC and CIS

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Penalties for late payment of PAYE and NIC, May 2010. From May 2010 HMRC are implementing new penalties for late payment of periodic PAYE /NIC from businesses. This will include any tax, national insurance contributions, construction industry deductions and student loan deductions which may be due in the tax year 2010-2011 onwards. It means that … Read more

How to Make Debt Management Program Work for you

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Debt Management Plans (DMPs) are debt relief programs designed for debtors who are facing debt issues. The plans involve an arrangement in which credit counseling or debt counseling agency negotiates with the creditors to get a discount on debt amount, reduce or freeze the interest rate, waive the late fees to make the monthly repayment … Read more