This guide summarises the key deadlines and additional considerations for employers for the end of the 2023-24 tax year.

This is a freeview 'At a glance' guide for employers

At a glance

Topical issues:

  • Year-end reconciliation of Auto-enrolment pension 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?
  • Travel expenses; did expense policies change during the year as a result of changes in working patterns?
  • Salary sacrifice and optional payment.
  • Where there are reportable expenses and benefits, the online completion of Form P11D, or alternatively PAYE Settlement Agreements should be completed by employers.
  • Payrolling of benefits is available for all employees: note that this must be agreed with HMRC prior to the start of the 2024/25 tax year.

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

Deadline Action Required
5 April 2024 Payrolling benefits registration deadline to include 2024-25 benefits on the forthcoming payroll.
31 May 2024 P60s should be issued to employees.
1 June 2024 Statements of payrolled benefits for the 2024-25 tax year should be provided to employees.
5 July 2024 PAYE settlement agreement deadline to agree for 2024-25.
6 July 2024 P11D and P11D(b) deadline for 2024-25. These must now be done online.
  Deadline for employees to Make good non-payrolled benefits provided in 2024-25
  Employment-related securities: 2024-25 annual returns due.
  Termination payments and benefits: 2024-25 termination payments and benefits report.
7 July 2024 EFRBS: return of non-cash benefits provided to retired employees in 2024-25.
19 July 2024 Employee benefits: payment of 2024-25 Class 1A NIC (postal).
22 July 2024 Employee benefits: payment of 2024-25 Class 1 A NIC (electronic).
 31 July 2024 Deadline for submission of PAYE settlement agreement computations.
 19 October 2024 PAYE settlement agreement: tax payment of 2024-25 Class 1B NIC and tax (postal).
22 October 2024      PAYE settlement agreement: tax payment of 2024-25 Class 1 B NIC and tax (electronic).
31 January 2024 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.


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