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PAYE panic

06 March 2012 / Linda Pullan
Issue: 4344 / Categories: Comment & Analysis , Employees , Income Tax
LINDA PULLAN offers a panacea for likely problems

KEY POINTS

  • A successful PAYE year end depends on good practice from the start of the fiscal year.
  • The first day of the tax year is a bank holiday.
  • Year-end PAYE filing procedures.
  • What happens if amended forms are needed.
  • Use the checklists.

With the tax year end fast approaching and so much to think about it is always useful to have a checklist of the key things to focus on which will ensure that the end of year submission of PAYE returns goes smoothly.

The reality is that the preparation for the successful pay as you earn year end begins at the start of the year rather than at the end and of course this would include careful reconciliation of the PAYE National Insurance contributions and...

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