RTI: delayed penalties - HMRC announced last year a deferral of the planned automatic quarterly penalties for late filing and late payment under the real time information (RTI) system.

Only large existing RTI employers as at 6 October 2014 were brought into the late filing regime from that date, while the rest of the employed population would not be penalised for any period before 6 March 2015.

The first penalty notices due in January for the larger employers filing late were not in fact issued as planned, and HMRC has now also announced a new relaxation in the regime.