End game
April is always a busy time of the year for payroll – trying to finalise one tax year and prepare for the next. With so many changes for 2018-19 there is much to think about.
Let’s suppose we have processed a client’s final payroll run for 2017-18 or so we thought. We now find there are some changes that we have not previously been advised of. A situation that is more common than one would think.
Adjustments after 19 April
Once 19 April has passed any further full payment submission (FPS) files submitted for 2017-18 will be rejected by HMRC. However the earlier year update (EYU) facility allows adjustments to be made for 2017-18 from 20 April.
If the payroll software does not provide an EYU facility HMRC’s Basic PAYE Tools can be used but note that this is no longer available on...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.