Starting A New Venture - HMRC Update Form CWF1

Starting A New Venture - HMRC Update Form CWF1

August 19th 2009 1:14 pm

general

HMRC have amended the form CWF1 which is completed by those individuals who have set up a new business either as a sole trade ...

By Ray Arman

1,372 views

HMRC have amended the form CWF1 which is completed by those individuals who have set up a new business either as a sole trader or as a partner in a partnership. The form is used to notify liability to Class 2 National Insurance Contributions (currently £2.40 a week) amongst other things. Under the revised behaviour based penalties, which apply from April 2009 anyone becoming or ceasing to be liable to pay Class 2 NICs must notify HMRC as soon as possible. Penalties may be charged where the liability is not notified by 31 January following the end of the tax year when they became liable. You can find the form (PDF) here: Form CWF1

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

terms and conditions

privacy and cookie policy

cookie policy

sitemap

are you an accountant? join our network

have a website, blog or app? become an affiliate

find an accountant

east midlands

east of england

london

north east

north west

northern ireland

scotland

south east

south west

wales

west midlands

yorkshire and the humber

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.