Deadline for corporate tax returns looms

On the 5 May 2015, contractor's and employer's tax returns must be handed in to avoid paying a £250 penalty.

 

They may be charged £50 for each day if the return for the year ended 5 April 2015 remains outstanding following the initial charge. 

 

Employers can submit their tax return on the government website. 

 

Policy and business support manager Gerard Higgins explains why educating people is more important than prosecuting them: