Do you complete expenses and benefits returns? Or do you complete online filing for employment related securities? If so, you have an important role to play in ensuring returns are submitted by the 2022/23 filing deadline of Thursday 6 July 2023 and payments are made on time. By way of reminder, from 6 April 2023, forms P11D and P11D(b) can only be submitted online by employers (except for the digitally excluded).
Note that ICAEW has shared how filing P11Ds online can work when a different agent is authorised for PAYE.
Amendments can also only be made online from the same date. Also, since 6 April 2023, a new online service is available for employers and their agents to apply for a PAYE Settlement Agreement (“PSA”).
Here’s a reminder of the key deadlines next month:-
- 6 July 2023 - deadline for submitting all 2022/23 P11D(b) and P11D forms - and the employee must receive their copy of the P11D;
- 6 July 2023 – deadline for online reporting of the 2022/23 annual return in respect of employment related securities;
- 19 July 2023 - deadline for non-electronic payment of Class 1A National Insurance Contributions (NIC) for 2022/23; and
- 22 July 2023 - deadline for electronic payment of Class 1A NIC for 2022/23.
To save on administration, don’t forget to consider PAYE Settlement Agreements, where relevant. For 2022/23 these must be agreed by tomorrow, Wednesday 5 July 2023, with payments due by 22 October 2023 (19 October 2023 if paying by post).
HMRC is also reminding employers of the expenses and benefits position of COVID-19 position of tests and equipment.