PAYE reporting for early payments of earnings at Christmas
[ad_1] It is common practice for employers to pay earnings earlier than the normal or contractual payday at Christmas. But what date should employers quote on their PAYE RTI full payment submission (FPS)? And when should they submit the FPS to HMRC? In its latest Employer Bulletin, HMRC reminds employers who pay employees early at […]
Pay Employers’ PAYE variable direct debits nine days earlier
[ad_1] HMRC has informed ICAEW’s Tax Faculty of a delay to the processing time to set up any new variable direct debits (DDs) to pay employers’ PAYE from 22 March onwards. HMRC has indicated to ICAEW that employers need to allow extra time to set up any new variable DDs to pay PAYE. This means […]
PAYE payment by variable direct debit: late payment notices
[ad_1] Late payment notices will be suppressed, but not immediately. ICAEW’s Tax Faculty has previously explained how HMRC notifies employers of the date that their direct debit (DD) will be collected. The faculty noted that, as HMRC collects the DD a few days after the normal due date for electronic PAYE payment, a late payment […]