End of tax year payroll procedures:
As the 2021/22 tax year has now ended, employers need to carry out the following end of year procedures:-
- Provide employees with their P60 annual summaries by 31 May 2022,
- Prepare forms P11D for employees’ expenses and benefits by 5 July 2022,
- Update employees’ payroll data for 2022/23, in particular their new tax codes, and
Update their payroll software for 2022/23 if they haven’t already done so.
Need more information?
We have a dedicated in-house payroll team who control all of our clients payroll procedures. We offer a wide range of services which are unique to your business and our team of chartered accountants have a wealth of experience in a broad range of sectors, from construction and property to the charity sector. Our team work hard to ensure they create smart and effective tax-efficient solutions for start-ups to optimise growth and help them succeed. If you want to learn more about how the team can help or simply want some start-up advice from a trusted accountant do hesitate to contact us. For more information please do hesitate to contact us on 0161 962 1855. Alternatively you can email us using the form below and we will contact you as soon as possible.
Our fantastic team at A&C Chartered Accountants are here to help.