PAYE for employers: further updates to help employers keep up-to-date

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HM Revenue & Customs (HMRC) will begin alerting employers who have not made their PAYE or Construction Industry Scheme payments in full by their due date. HMRC will issue a late payment Generic Notification Service (GNS) message to employers and contractors if they have an underpayment of £100 or more for the month or quarter, as appropriate. These messages are designed as a prompt to help employers keep their PAYE affairs up-to-date. So employers who receive these messages should:

  • submit an EPS as instructed, if appropriate
  • ensure that they pay their PAYE in full and on time in future to avoid incurring in-year interest and prepare for April 2015.

Employers won’t be charged an automatic late payment penalty in the tax year 2014 to 2015. However, employers should note that HMRC will issue late payment penalties for persistent and serious payment failures If you did not pay any employees during the tax period, notify HMRC by sending an Employer Payment Summary (EPS) for this tax period. Source: HMRC What’s News, 1 July 2014