Weekend November PAYE deadline
The next electronic payment deadline for PAYE falls on a weekend. What do you need to do?
HMRC has included a timely reminder in its employer bulletin that the electronic payment deadline for November falls on Saturday 22 November. Employers need to ensure electronic payments clear into HMRC's account by Friday 21 November, unless you can arrange a faster payment. If the payment is late, you may be charged a penalty and so HMRC is encouraging employers to check when they need to initiate payment in advance.
Related Topics
-
Practical guide: Tax-efficient will planning with residential property
An individual has a significant property portfolio which provides them with their sole source of income. They want to gift shares in some property to their daughter but retain the income. Can they do this without triggering the reservation of benefit rules?
-
Will HMRC treat late processed invoices as errors?
Your business processes invoices when they have been approved by budget holders, so some will be processed a month late, delaying your input tax claim. How might HMRC’s updated guidance help here?
-
Are redundancy payments tax deductible?
A seemingly simple question we’re often asked is how much tax relief a business is entitled to for redundancy payments. The answer is that it depends on the situation. How might the circumstances of a redundancy affect the tax deduction?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.