As an employer you are responsible for deducting the correct amount of income tax from the payments made to your employees.
What is the deadline for submitting information about income tax deductions?
Each time you pay employees or their circumstances change you need to submit the PAYE (Pay as You Earn) information to HM Revenue and Customs.
The deadlines for submitting information is:
On or before the employee’s first day
On or before the day every time an employee is paid, whether this is weekly, monthly or any normal payroll date. Therefore for weekly paid employees there will be 52 submissions and for monthly paid employees there will be 12 submissions.
On or before the employee’s last day day.
Employer payment summary (EPS)
By the 19th the following month.
The information is submitted on a Full Payment Submission (FPS). More on this and deadlines for submissions can be read here.
What is the deadline for paying income tax deductions over to HMRC?
The amount that must be paid to HMRC is:
The income tax and national insurance reported in your FPS in the previous tax month
Less any reductions from your EPS which have been reported before the 19th of the current month.
Greater than £1,500
If the amount payable is greater than £1,500 per month, the amount is due by the 22nd of the month if paid electronically (19th if paid by post).
For example an FPS was submitted on 31st May and an EPS on the 18th June, the amount is due by 22nd June if paid electronically.
Less than £1,500
If the amount payable is less than £1,500 per month, the amount is due by the 22nd of the quarter if paid electronically (19th if paid by post) however, if you wish the payments can be made monthly (this may aid cashflow).