How do I pay PAYE?

Should I Register For Vat

How do I pay PAYE?

You must pay your PAYE bill to HM Revenue and Customs (HMRC) by:

  • the 22nd of the next tax month if you pay monthly

  • the 22nd after the end of the quarter if you pay quarterly - for example, 22 July for the 6 April to 5 July quarter

If you pay by cheque through the post, the deadline is the 19th of the month.

How to know how much to pay

Payroll needs to be calculated, so you know how much to pay. That is usually done via software and often done by using an accountant

You can run payroll yourself via HMRC's Basic PAYE Tools. However, for complex payroll, you might require some more complicated software and/or additional support.  

 

What you’re paying

Your PAYE bill may include:

You pay your Class 1A National Insurance on work benefits that you give to your employees separately.

PAYE Settlement Agreements are also paid separately.

How do I pay PAYE?

Ways to pay

Make sure you pay HMRC by the deadline. You may have to pay interest and penalties if your payment is late.

The time you need to allow depends on how you pay.

You can no longer pay at the Post Office.

Same or next day

Three working days

Five working days

If the deadline falls on a weekend or bank holiday, make sure your payment reaches HMRC on the last working day before it (unless you’re paying by Faster Payments).

Payment booklets

You’ll need a payment booklet from HMRC to pay at your bank or building society or by post. If you do not have one, ask HMRC to send it to you.

If you’re no longer using your payment booklet, you can ask HMRC to stop sending it.

HMRC will automatically stop sending your payment booklet if you make two or more electronic payments in a year.

 Hello! 

I'm Annette Ferguson

Owner of Annette & Co. - Chartered Accountants & Certified Profit First Professionals. Helping online service-based entrepreneurs find clarity in their numbers, increase wealth and have more money in their pockets.

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