Last Christmas, HMRC gave employers a temporary easement on reporting payroll information in real time.
This year, to save us from tears, they’ve given it to us again!
"Remember: submitting your FPS with your regular payment date should be applied for life, not just for Christmas!"
With December fast approaching, HMRC have presented us with an early Christmas gift in the form of a bulletin.
This bulletin provides advice on what dates should be included on your Full Payment Submission (FPS) during the festive period.
Regardless of whether you intend to pay your employees early at Christmas, you must still report your payroll with the normal payment date, even if the usual pay date falls on a weekend or bank holiday.
For example: if you pay on Friday 20 December 2019 but the normal/contractual payment date is Tuesday 31 December 2019, you should still report the payment date on the FPS as 31 December and ensure the submission is sent on or before 31 December.
The rationale behind this is to protect your employee’s eligibility for Universal Credit, as the assessment period for Universal credit is determined upon the dates submitted on the FPS.
Universal Credits are a social security payment, provided to those on low earnings or out of work to support them with daily living costs.
If it looks as though someone has received two payments in one assessment period, it may affect their eligibility for Universal Credits and therefore leave them struggling financially.
Although the easement is only applicable for the Christmas pay period, ensuring you submit your FPS on the regular pay date should be applied throughout the remainder of the year.
Where an employee who is normally paid on the 30th of each month but is paid on the 29th in November 2019 (as the 30 November is a Saturday, which is a non-banking day) the employee must have 30 November reported as the payment date.
So remember: submitting your FPS with your regular payment date should be applied for life, not just for Christmas!
Yes you can. Upon being auto enrolled you will be provided with a letter which will detail how to contact the pension provider directly. If you opt out within a 30 day period of being enrolled you will receive a refund of the contributions made.
Yes all employees need to be processed through a PAYE scheme even if they are a temporary worker.
If you take on an employee who earns above the lower earning threshold (currently £118 per week) or if they earn below this amount but have another job.
Written confirmation should be provided to your employer requesting the increase.
This is dependant on your employer's terms of employment. If you work full time you are entitled to a minimum of 5.6 weeks in a year, this includes bank holidays.
Contact us for further assistance or visit HMRC
You will need provide written communication to your employer stating you would like to join the scheme . Your earnings will determine whether your employer will need to contribute.
Yes, students are treated in the same way as an ordinary employee. You will pay tax if your annual earning exceed your annual tax-free allowance.
|25 and over||£8.72|
|21 - 24||£8.20|
|18 - 20||£6.45|
Apprentices under 19 or over however in the first year of Apprenticeship
Your tax code shows how much you can earn before paying tax within the year. For example 1250L means you can earn £12,509 tax free in a year. This tax free amount is accumulated each month over the course of the year.
We recommend that you sign up as soon as you can with HMRC, so you’re prepared before you need to be. If you pay HMRC by direct debit you must sign up at least seven working days before your VAT period deadline.
We provide a new starter form for completion that includes mandatory information; Full name, Address, DOB, National Insurance number and includes an employee declaration.
It is a statement you receive upon leaving employment. The statement details your earnings to date within the tax year.
It is an annual statement showing your earnings and tax deducted in a year. You have to be in employment on the 5th April to receive one, employers must prove by 31st May.