Paying staff over the Christmas period and when to submit the Full Payment Submission (FPS)
| Some employers need to pay their employees earlier than usual in December due to businesses closing for the festive period. HMRC have a permanent easement on reporting Real Time Information (RTI) that applies during this time. If you do pay early over the Christmas period, you must report your normal or contractual payment date on your Full Payment Submission (FPS). For example, if you pay on 20 December 2024 but your normal payment date is 31 December 2024, please report the payment date as 31 December 2024. In this example the FPS would need to be sent on or before 31 December 2024. Doing this will help to protect your employees’ eligibility for income-based benefits such as Universal Credit, as an early payment could affect current and future entitlements. The overriding PAYE reporting obligation for employers is unaffected by this exception and remains that you must report payments, on or before the date the employee is paid. If you have any questions about paying your staff over the Christmas period, please do not hesitate to contact your local Perrys branch. |
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Michelle Downs
Michelle is a manager at our West Malling branch specialising in Making Tax Digital. She has a busy schedule with her husband, three children, a dog…
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