HMRC Shift from Traditional PAYE Payments
As part of our commitment to keeping you informed about payroll legislation and industry updates, we wanted to bring your attention to an upcoming change announced by HMRC that will impact the way employers make PAYE payments.
The Transition Away from Traditional Methods
In a move toward modernization, HMRC has decided to retire the traditional method of making PAYE payments using payment booklets. This transition began in April 2015 when HMRC stopped automatically issuing payment booklets to new employers. As of April 6, 2024, HMRC will discontinue the use of payment booklets entirely.
Embracing Online Payment Methods
Employers are now encouraged to make their PAYE payments through HMRC’s online platform, Pay Employers’ PAYE or directly through their business tax account. According to HMRC, paying online is not only convenient but also the quickest and most secure way to ensure that your payment is received and processed promptly.
Alternative Payment Options
While online payment is the preferred method, employers still have the option to send a cheque by post. If opting for this method, it is crucial to include the Accounts Office Reference number on the back of the cheque.
What This Means for You
As a forward-thinking payroll outsourcing company, Paycheck Plus recognizes the importance of staying ahead of industry changes. We recommend that our valued clients embrace the shift toward online payments for PAYE to ensure a seamless and efficient process.
How Paycheck Plus Can Help
Should you have any questions or concerns about this transition, our dedicated team at Paycheck Plus is here to assist you. We understand that adapting to change can be challenging, and we are committed to making this transition as smooth as possible for our clients.
Stay Informed with Paycheck Plus
At Paycheck Plus, we are dedicated to providing you with the latest updates and insights into payroll legislation. Be sure to stay connected with us for more informative blogs, webinars, and resources aimed at keeping you well-informed.
Thank you for choosing Paycheck Plus as your payroll services partner. We look forward to navigating these changes together and continuing to provide the exceptional service you deserve.
Paycheck Plus, Your Irish Payroll Processing Team
Paycheck Plus is a multi award-winning Irish payroll bureau. We serve businesses across Ireland and the UK with comprehensive, ISO and ISAE 3402 accredited, payroll outsourcing services. To ensure payroll accuracy or for more information simply request a callback or call our Irish payroll company on +353 (0) 41 989 2100