HMRC Penalties Introduced For Late Reporting

HM Revenue and Customs (HMRC) is introducing penalties for employers who report their information late from:
6th October 2014 for employers with 50 or more employees
6th March 2015 for employers with fewer than 50 employees
When Penalties are charged
You can get a penalty if:

Your full payment submission (FPS) was late
You didn’t send the expected number of FPSs
You didn’t send an Employer Payment […]