PAYE for Employers: Who Qualifies and What You Get
Learn how to manage your payroll submissions and avoid penalties when using the PAYE system for your business.
PAYE for Employers is the system used to manage and report your staff payroll and tax information to the government.
Who it's for
This scheme is for any employer who is responsible for running a payroll and managing employee pay.
What you get
You use this system to send Full Payment Submissions (FPS) to the government, which reports details about your employees' pay and tax.
What it costs you
To use this system, you must have access to payroll software that is RTI-compliant. This means the software is capable of communicating with the government's reporting requirements.
The catch to know
The most important thing to remember is timing. You must submit your reports on or before the actual payday; failing to meet this deadline can result in penalties.
How to apply
- Ensure you have payroll software that meets the required reporting standards.
- Set up your account through the official government portal.
- Use your software to submit your payment information every time you pay your staff.