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As a business owner, ensuring PAYE (Pay As You Earn) is made on time is just one thing on your long list of financial responsibility.

Missing PAYE deadlines can lead to penalties, interest charges, and additional administrative burdens.

In this guide, we’ll be explaining the essential PAYE deadlines and offering guidance to help your business stay compliant with HMRC regulations.

What is PAYE and How Does it Work?

PAYE (Pay As You Earn) is the system used by HMRC for employers to collect income tax and National Insurance contributions from employees’ wages before they’re paid.

It’s a method that ensures employees pay the right amount of tax throughout the year.

Employers are responsible for deducting these amounts and sending them to HMRC, making PAYE a vital part of every UK business’s payroll system.

How Employers Submit PAYE Information to HMRC

Employers must report pay details to HMRC every time they pay their employees by submitting a Full Payment Submission (FPS) through their payroll software.

The FPS details em

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