PAYE payment dates
We would like to remind employers about electronic PAYE payment dates. The due date for electronic PAYE payments is the 22nd of the month and a payment on the day usually suffices.
However, where the due date falls on a non-banking day (weekend or bank holidays) HMRC must have cleared funds by the last bank working day before the 22nd. This advice is particularly relevant this month i.e. for electronic payments due on 22 September 2013 which this year falls on a Sunday. This month’s electronic payments must therefore clear HMRC’s bank account by Friday 20 September 2013.
Electronic payments sent using the Faster Payments Service (FPS) are able to clear into HMRC’s account on a non banking day – a Saturday, Sunday and most Bank Holidays. The service enables electronic payments to be made and processed in hours rather than days.
Payments made by cheque should be posted to reach HMRC by 19 September 2013.