Payroll filing and compliance 2009/10
May 2010
There are three annual payroll returns and associated payments to HMRC that need to be made during the next three months for the tax year 2009-10. They are:
Due date 19 May 2010
Almost without exception the annual form P35 and associated P14s need to be filed online on or before 19 May 2010. Any PAYE/NIC contributions due for 2009-10 should have been settled by 19 April 2010 (22 April 2010 if you paid electronically).
If you are late in filing these returns penalties will apply. You will be charged a penalty of £100 per 50 employees for each month or part month that your return is outstanding from 20 May 2010 until your returns are filed correctly.(The maximum penalties HMRC can claim are limited to one year.)
To file online you must be registered and have the appropriate passwords. If you have not done this yet we can help. The clock is ticking...
Due date 31 May 2010
You must give your employees a copy of their P60 for 2009/10 on or before this date.
Due date 6 July 2010
After the end of the tax year you need to complete and file your key expenses and benefits forms - a form P11D or P9D for each employee to whom you've provided expenses and benefits during the tax year, and one form P11D(b) to declare the overall amount of Class 1A NICs due on all the expenses and benefits you've provided.
All of these forms must be submitted to HM Revenue & Customs by 6 July. Penalties for late filing of the P11D(b) return are the same as the P35 return - £100 per month or part month from 7 July 2010, maximum penalty period one year.
By 6 July you must also provide your employees with details of benefits advised to HMRC.
What about mistakes on returns?
It is possible to verify your returns before you press the button to file online. This should clear up most of the basic errors. However if it is subsequently discovered that there are still errors in the filed information it will be rejected and you will be notified. Beware as from a penalty point of view your returns are only deemed to be filed on the first occasion they are filed correctly!
