Payroll: annual reporting and tasks
Update employee payroll records
For each employee working for you on 6 April, you바카라 사이트™ll need to:
- prepare a payroll record
- identify the correct tax code to use in the new tax year
- enter their tax code in your payroll software
You should include in your payroll:
- all employees you pay in the tax year, no matter how much you pay them
- any employee who has worked for you in the current tax year (since 6 April) even if they바카라 사이트™ve already left
Using the right tax code
HM Revenue and Customs (HMRC) will send you a:
- P9T form for any employees who need a new tax code
- P9X form with general changes for employees whose tax code ends with an 바카라 사이트˜L바카라 사이트™, 바카라 사이트˜M바카라 사이트™ or 바카라 사이트˜N바카라 사이트™
If you get a lot of tax code notices, it may be faster to use HMRC바카라 사이트™s PAYE Desktop Viewer.
New employees
Use the information new employees give you (usually their P45) to work out their tax code.