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Bringing paydays forward during the festive season is a common practice for many employers, but it comes with important Real Time Information (RTI) reporting obligations. This article examines the implications of early paydays and the correct handling of payment dates.

In this post we consider how company directors can be held personally liable for penalties imposed on the company, particularly through a Personal Liability Notice (PLN), in cases of fraud or serious negligence. We highlight situations where HMRC can issue a PLN, making directors or officers responsible for penalties related to VAT fraud, especially when the company becomes insolvent. Understanding these risks is crucial for directors to avoid personal financial liability.