01/09/2022
Direct Debit plan for PAYE
Employers must pay their PAYE bill to HMRC by:
- The 22nd of the next tax month if you pay monthly.
- The 22nd after the end of the quarter if you pay quarterly - for example, 22 September for the 6 August to 5 September quarter.
- Unless you pay by cheque, then it must reach HMRC by the 19th of the month.
But from the 19th of September 2022, you can take advantage of a new variable direct debit payment plan.
A new link ‘Set up a Direct Debit’ will be added to your Business Tax Account (BTA) and this will allow employers to set up a DD instruction, authorising HMRC to collect directly from their bank account based on their return submissions.
If you would like to discuss how we can help you with your payroll, please do not hesitate to get in touch with us.
How to pay PAYE and National Insurance for employers, including Construction Industry Scheme, student loan deductions, reference numbers, bank details, deadlines and payment booklets.