Understanding your PAYE Payment Deadlines

Paying employers PAYE

As an employer, you must register for PAYE and pay your PAYE bill to HMRC by the deadline. Your PAYE bill will be inclusive of:

Employee Income Tax deductions
Class 1 and 1B National Insurance
Class 1A National Insurance on termination awards and sporting testimonials
Student Loan repayments
Construction Industry Scheme (CIS) deductions
Apprenticeship Levy payments if you or your employers are connected to, or have an annual pay bill of more than £3 million

However, you will have to pay for the following separately:

Class 1A National Insurance on work benefits given to your employees.
PAYE Settlement Agreements.

PAYE bill payment deadline

Your PAYE bill must be paid to HM Revenue and Customs (HMRC) by:

Monthly payments: 22nd of the next tax month.

Quarterly payments: 22nd after the end of the quarter, for example, you must pay by 22 June for the 6 March to 5 June quarter.

more tips

Can You Claim Food as a Business Expense?

The golden rule when claiming business expenses is that the cost must be “wholly and exclusively” for business purposes. So, where do you stand when it comes to food and drink? After all, everyone needs these things to survive. When does it become an allowable expense? Read on to find out when your business can claim food and drink as an expense.

Self-Employed National Insurance Class 2 and Class 4 Rates

If you are sixteen and over, self-employed (sole trader or in a partnership) and making a profit befitting the ‘small profits threshold’, you are liable to pay national insurance.

Key UK Personal Tax Year Dates & Deadlines 2021/2022

Are deadlines creeping up on you? Spondoo is here to ensure you keep on top of things and take control again. These are the important dates you should take note of.

How To Set Up A Limited Company 

A Step-by-Step Guide  This is an easy-to-understand, step-by-step guide, to opening a successful limited company. But before we dive in, let’s check the legality surrounding it. 

Accountants in Haslemere, Surrey

We are qualified accountants providing personal and professional services for start-ups, established companies and individuals in and around the Haslemere area in Surrey. With the rise in technology, we have embraced the digitisation of accounting using efficient digital accounting tools to offer reliable services to our customers. Our goal remains to get our clients the best accounting and taxation services at the most affordable rates.

Onsite Canteen and Lunch Vouchers - Are They Taxable?

The provision of food and drink to an employee by their employer is a lovely thing to do. Eventually, it promotes teamwork, loyalty, a sense of belonging and even improves productivity. Taking it at face value makes it look like a simple act of kindness. However, unless it is done correctly, it can cause tax and national insurance compliance issues for the employer.

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Information provided on this site is for general guidance only and may change in line with UK law and regulations. It should not be relied upon as financial advice or as the sole basis for making decisions. Accounting SQL Limited (trading as Spondoo) is authorised and regulated by the Institute of Financial Accountants (IFA). Spondoo Audit Limited is authorised and regulated by the Institute of Chartered Accountants in England and Wales (ICAEW) to provide statutory audit services.

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