Payroll Considerations - Year End
Datafile Software
Payroll Considerations - Year End
Although the system takes a backup of the files at this
point you may want to consider keeping a separate copy of your year-end payroll
files (to April 5th) under a different company name for reference
purposes. Your year-end returns are not
needed by the Inland Revenue for a month or two, but your payroll must continue
to roll.
At the year-end you need to print off special forms such as the P60/P14, and give end-of-year returns such as the P35. You may also need other reports for pension and other deduction or payment schemes.
- Release ID: Standard