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PAYE and Class 1 NICs payment deadlines
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Monthly PAYE/Class 1 NICs payment deadlines by payment method
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Payment method
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Deadline
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If the deadline falls on a weekend or bank holiday
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Electronic
(Direct Debit, BACS Direct Credit, Internet or telephone banking, debit or credit card over the Internet using BillPay, CHAPS, GBS Transfer (formerly known as Paymaster), Bank Giro, Post Office) 22nd of each month
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22nd of each month
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Cleared payment must reach our bank account no later than the last bank working day before the 22nd
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Post
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19th of each month
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Cheque must reach our Accounts Office by the 19th
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DON’T MISS YOUR PAYMENT DEADLINES.
As we expected, HMRC has started sending out fines for late payments of PAYE over the last tax year. The penalty is being charged at 4% of the PAYE amount due – EVEN IF IT WAS ONLY ONE DAY LATE.
Your PAYE payment must clear HMRC’s bank account by 19th of the month if paid by cheque, and 22nd if paid electronically. If the 19th or 22nd of the month is on a weekend, then the payment must clear by the bank working day BEFORE.
Please let us know if you receive a penalty notice and we can try an appeal, but notice was given at the beginning of the year that HMRC intended to do this – we also included a warning in our newsletters.
The main deadlines for submitting your VAT Return:
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Accounting period ending
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Due date for paper VAT Return*
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Due date for return submitted online
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Due date for paper VAT Return, paid electronically*
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31 December 2010
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31 January 2011
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7 February 2011
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7 February 2011
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31 January 2011
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28 February 2011
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7 March 2011
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7 March 2011
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28 February 2011
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31 March 2011
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7 April 2011
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7 April 2011
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31 March 2011
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28 April 2011
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7 May 2011
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7 May 2011
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30 April 2011
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31 May 2011
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7 June 2011
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7 June 2011
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31 May 2011
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30 June 2011
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7 July 2011
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7 July 2011
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30 June 2011
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29 July 2011
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7 August 2011
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7 August 2011
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31 July 2011
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31 August 2011
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7 September 2011
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7 September 2011
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31 August 2011
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30 September 2011
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7 October 2011
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7 October 2011
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30 September 2011
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31 October 2011
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7 November 2011
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7 November 2011
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31 October 2011
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30 November 2011
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7 December 2011
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7 December 2011
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30 November 2011
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30 December 2011
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7 January 2012
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7 January 2012
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* If you submit a paper VAT return and the due date falls on a weekend or bank holiday, then the return must reach us by the previous bank working day (Monday to Friday).
Read More
The following National minimum wage rates will be effective from October 1st 2011:
- £6.08 an hour for workers aged 21 and over
- £4.98 an hour for workers aged 18-20
- £3.68 an hour for workers aged below 18 who are no longer of compulsory school age
For apprentices, £2.60 per hour must be paid to
apprentices who are under the age of 19, or for those over 19 or over and in the
first 12 months of their apprenticeship.
From 1st October 2010 the National minimum wage is
Aged 21 and above
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£5.93 |
Aged 18 to 20 inclusive
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£4.92 |
| Aged under 18 (but above compulsory school age) |
£3.64 |
| Apprentices aged under 19 |
£2.50 |
| Apprentices aged 19 and over, but in the first year of their apprenticeship |
£2.50 |
From 1st October 2008 the minimum wage was
£5.73 per hour for 22 years and over
£4.77 per hour for 18-21 year olds
£3.53 per hour for workers under 18 who are above compulsory school leaving age
These figures are likely to change 1st October 2009.
This has increased from 1st October.
For workers ages 22 and over, it is now £5.80 an hour,
for 18 to 21 year olds, to £4.77 and
for 16 to 17 year olds, it has gone to £3.57 an hour.
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What most visitors are reading |
Useful Info Useful Information!
New Business Payment Support Service
If you are having problems finding your tax money, you can contact the HMRC Support Service on 0845 302 1435, Monday to Friday between 8 am and 8 pm and at the weekend between 8... Read moreMinimum Fees Minimum Fees for new clients - from May 2009
Starting rates£
Sole Traders
Minimum charge, including accounts and self-assessment based on an average £45 per hour
330
Partnerships
Minimum charge, including accounts and self assessment for 2 partners, based on an average £45 per hour
460
Limited... Read morePayroll fees Payroll fees as at February 2009
Set up fee£28.75 + VAT
Number of EmployeesWeekly & Bi-WeeklyMonthly & 4 WeeklyQuarterly
£
£
£
0 to 5
18.40
23.00
51.75
6 to 10
35.65
44.85
101.20
11 to 15
52.90
65.55
149.50
16 to 20
69.00
86.25
195.50
21 to 25
82.80
103.05
235.75
over 26
By arrangement
All fees quoted are subject to VAT at the current standard rate
For... Read moreCIS Construction Industry Scheme (CIS) Services
Here at Jackson-Scott we understand that the legislation relating to CIS can be complicated and time consuming to some and we take great pride in being able to relieve this responsibility.
Read moreTaxation Taxation Services
With the tax regime becoming more complex and more emphasis being put on taxpayers' individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet... Read moreAccountancy Accounts Preparation Services
Whatever your trading style, we can help you with your accounts. We provide services for limited companies, sole traders, partnerships, Limited Liability Partnerships, clubs and associations, landlords and property management companies.
We pride ourselves that we don't just "number... Read moreGeneral General Services
In addition to all the services you would expect from your Accountant, we can offer other helpful services, many of which are available for non-clients as well.
Amongst these are:
New Business Advice - It can be quite a task to... Read more
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