PAYE end of year pay on time reminder
HMRC are reminding employers that with the end of the 2014/15 tax year approaching they will soon need to make their final 2014/15 PAYE (RTI) submission.
For most employers, the final submission will be their final Full Payment Submission (FPS) which advises HMRC about the very last employee payments for 2014/15 and this needs to be made on or before 5 April 2015. Details of how to make the final submission can be found on the GOV.UK website using the link below. Alternatively if you would like help with your payroll please do get in touch.
HMRC are also advising employers to take extra care as the deadline for electronic payment of 22nd March falls on a Sunday.
HMRC are advising that employers should ensure their payment reaches HMRC on time, which means that cleared funds should be in HMRC's account by the 20th unless employers are able to arrange a Faster Payment. For more details about paying HMRC electronically visit Pay PAYE tax
Internet link: Gov payroll annual reporting Employer Bulletin