Payroll: Annual Reporting and Tasks

Image result for PayrollAs an employer running payroll, you need to:

  • report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April) and give your employees a P60
  • prepare for the new tax year, which starts on 6 April
  What you need to do   When
Send your final payroll report of the year On or before your employees’ payday
Update employee payroll records From 6 April
Update payroll software From 6 April (or earlier if the software provider asks you to)
Give your employees a P60 By 31 May
Report employee expenses and benefits By 6 July

Maternity Leave and Workplace Pensions

wpid-paternityPaid leave

During paid leave, you and your employee carry on making pension contributions.

Maternity and other parental leave

You and your employee will continue to make pension contributions if they are getting paid during maternity leave.

If they are not getting paid, you as the employer will still have to make pension contributions in the first 26 weeks of their leave (‘Ordinary Maternity Leave’). You have to carry on making contributions afterwards if it’s in their contract.  Check your workplace maternity policy.

More details can be found here

If you need any further help, please contact us here