Payroll End of Year
With April 5th fast approaching, don’t forget that the payroll end of year is almost upon us.
Companies must ensure that all the required information is declared at the time of submitting their payroll end of year, and that they have enough P60’s to submit to employees by 31st May 2015, as well as enough P11D’s. A P11D is a statutory form completed by UK employers, and is required by HMRC. This form details all benefits and expenses that have been provided to employees, such as bonuses, tips, commission, health care and so om.
RTI submissions, along with a few questions to be answered, are submitted to HMRC, making the process a lot simpler than it has been previously.
For help and advice on completing your payroll end of year, use the contact form to send us an enquiry or call us on 01743 790086.