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View Full Version : Whens the best time to pay wages?


digital4media
13th June 2009, 19:36
Hi, we've been taking wages now for a few months, and as the PAYE system states, the yellow slip needs to be sent of and recieved by them before the 19th of every month. How would this scenario work:

Person A got paid on 24th of May,
Person B & C got paid on 2nd June,

What do I put on the yellow PAYE slip for the period of June?

Thank you ever so much

David Griffiths
13th June 2009, 19:40
The deductions for all of them. The payment on 19th June is for the month from 6 May to 5 June.

Tom McClelland
13th June 2009, 20:07
From a cashflow point of view you defer your payment to HMRC the longest with a payment period that ends on the 6th of the month.

MyAccountantOnline
14th June 2009, 18:58
Dont forget you can pay your PAYE and NIC quarterly if your average monthly payments are less than £1500.