This guide summarises the key deadlines and additional considerations for employers for the end of the 2021-22 tax year.

A freeview guide

Topical issues:

  • Year-end reconciliation of Coronavirus Support payments to payroll data and accounts.
  • Year-end reconciliation of Auto-enrolment pensions deductions to accounts.
  • Review of reimbursement of Home Working Expenses:
    • Were employees paid the £6 per week Home Working Allowance?
    • Were any additional home working expenses paid?
  • Did employers provide COVID-19 Tests?
    • Did they meet the conditions for benefit exemption?
    • If not, did the Trivial Benefits provisions apply to tests, for benefits not exceeding £50?
  • Travel expenses, did expense policies change during the year as a result of changes in working patterns brought on by COVID-19.
  • Did Furloughing employees lead to payroll deductions for benefits ending?
  • Salary sacrifice and optional payment

Where there are reportable expenses and benefits, the completion of Forms P11d or alternatively PAYE Settlement Agreements should be completed by employees.

The employment taxes year-end reporting deadlines are listed below:

Deadline Action Required
5 April 2022 Payrolling benefits registration deadline to include 2022-23 benefits on the forthcoming payroll
31 May 2022 P60s should be issued to employees.
1 June 2022 Statements of payrolled benefits for the 2021-22 tax year should be provided to employees.
5 July 2022 PAYE settlement agreement deadline to agree for 2021-22
6 July 2022 P11D and P11D(b) deadline for 2021-22
  Deadline for employees to Make good non-payrolled benefits provided in 2021-22
  Employment-related securities: 2021-22 annual returns due.
  Termination payments and benefits: 2021-22 termination payments and benefits report
7 July 2022 EFRBS: return of non-cash benefits provided to retired employees in 2021-22
19 July 2022 Employee benefits: payment of 2021-22 Class 1A NIC (postal)
22 July 2022 Emplyee benefits: payment of 2021-22 Class 1 A NIC (electronic)
 31 July 2022 Deadline for submission of PAYE settlement agreement computations.
 19 October 2022 PAYE settlement agreement: tax payment of 2021-22 Class 1B NIC and tax (postal)
22 October 2022      PAYE settlement agreement: tax payment of 2021-22 Class 1 B NIC and tax (electronic)
31 January 2023 Reporting deadline for EFRBS schemes starting in the 2021-22 tax year.

 

For a further list of tax dates and deadlines see:  Calendar of tax deadlines and new tax measures

 

Enjoying the Practical Tax content on www.rossmartin.co.uk? 

Sign up now to receive a unique FREE Tax Planning Tips and Advice Guide & our FREE Newsletter.

.Squirrel ad