CIOT publishes HMRC article on running a payroll over Easter bank holidays
Released 4 April 2019
The Chartered Institute of Taxation (CIOT) has published an article provided by HMRC about reporting payroll when a normal payday falls on a non-banking day.
The article, which is to be published in the April 2019 Employer Bulletin on 10 April 2019, reminds anyone reporting payments of wages under the PAYE Real Time Information (RTI) system that where the normal payday falls on a non-banking day (for example, Good Friday) and as a result of this wages are paid either on the preceding or next ‘banking day’ the RTI submission should report the normal payday as the payment date. All other payments made on regular paydays that fall on banking days and the deductions due must be reported on or before the date of payment to employees.
View the article at PAYE: Reporting payroll when your normal payday falls on a non-banking day.