October 2nd, 2019.

Following a review, HMRC has decided to continue the risk-based approach to PAYE late filing and late payment penalties throughout the 2019/20 tax year. This means that late filing and late payment penalties will be considered on a risk-assessed basis rather than being issued automatically. Penalties for 2019/20 will be issued from September 2019.

HMRC will not charge penalties automatically for 2019/20 provided a Full Payment Submission (FPS) is filed within three days of    the payment date. Where there is a pattern of persistent late-filing within three days of the statutory filing date, employers will be reviewed and may be charged a filing penalty as part of HMRC’s risk-based approach.

The date for making PAYE payments to HMRC electronically is unchanged. This is the 22nd of the month (or quarter if you are eligible to pay quarterly) following the tax month or period to which they relate. If you pay by cheque or other non-electronic methods, you must pay by the 19th of the following month or quarter to which the payment relates.

Accurate and timely reporting of payroll is really important, says HMRC. This is because it helps to make sure that your employee pays the right amount of tax. The information is also linked to Universal Credit which is designed to increase the financial benefits of work and provide employers with a more flexible workforce. Where reports are late, or inaccurate information is provided, employees may be negatively affected, and not paid the correct amount of Universal Credit.

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