PAYE - 5 July 2024

PAYE Deadlines - 5 July 2024 Qtre

If paye liability payments are due monthly then in the tax year 2024-2025, the first payment for 5 May 2024 would have been the ⬇️

• 19 May 2024 (By cheque in the post)

Or

• 22 May 2024 (By online bank transfer)

It is normally the medium and large companies or any company whose liability is above £1,500 each month is obliged to pay monthly

If there is an option to arrange the payment on Quarterly basis then the first Quarter was 5 July 2024 and the payment date for this is ⬇️

• 19 July 2024 (By cheque in the post)

Or

• 22 July 2024 (By online bank transfer)

Please note that your Accountant/Book Keeper/Tax advisor/Payroll Bureau will prepare and submit the payroll on your behalf and advise on the amount of liability, due date and how to pay it

If you run your own payroll then it will be essential to learn the deadlines

For late Payroll Submissions there are Late Penalties and for late payment there is late Interest

If you would like further advice In regards to the payroll or would like a trusted Advisor to either set up or assist in managing your current payroll

Then please feel free to reach out

Tel: 01212852534

Web: www.secureaccountsltd.co.uk

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