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 your employees with their P60 annual summaries by 31 May 2022;
• Prepare forms P11D for employees’ expenses and benefits by 5 July 2022;
• Update your employees’ payroll data for 2022/23, in particular their new tax codes; and
• Update your payroll software for 2022/23 if you haven’t already done so.

Here is a link to the HMRC guidance: Payroll: annual reporting and tasks: Overview - GOV.UK (https://www.gov.uk/payroll-annual-reporting). Please talk to us about your payroll – we would be delighted to help!