PAYE:paying;NIC's:paying;paying:PAYE;paying:NIC's
Monthly payments of all the PAYE and NIC's due for each tax month must be paid to the Inland Revenue Accounts Office within 14 days of the end of that tax month. Because tax months end on the 5th you must pay that amount by the 19th.
Consult your accountant or the Inland Revenue if you're unsure about how or when to pay PAYE and NIC. You can use the Employer's Payment Record (P32) Report to help you determine the amount you owe the Inland Revenue.
In most cases payments are calculated by:
Note: Accounting Plus will not calculate NIC Holiday!
Accounting Plus does not calculate NIC Holiday. If you have any employees that you can claim this for you'll need to work out this amount manually. |
To print the Employer's Payment Record Report
To complete Inland Revenue Form P30B (Monthly Payslip)