PAYE processing time delayed
HMRC needs nine days to process new PAYE direct debits.
HMRC needs nine days to process new PAYE direct debits.
Small businesses less likely to invest after the cuts.
Income tax receipts hit £21.9 billion – the highest take on record.
“Strange arithmetic intricacies” could “catch out” taxpayers.
Late payment penalties are up to 17 times higher than repayment amounts.