Electronic Payment

18.1 Paying us electronically

If you have 250 or more employees, you must make monthly electronic payments of tax, National Insurance contributions, Construction Industry Scheme deductions and student loan deductions, on time and in full.

Employers paying electronically have until the 22nd of the month to pay. This means that cleared payment must reach our bank account no later than 22nd of the month.

Where the 22nd falls on a weekend or bank holiday, you must make sure your cleared payment reaches our bank account no later than the last bank working day before 22nd. Remember that some bank holidays are longer than one day, for example Easter and Christmas.

 

22nd falls on a	We must have clear funds by	Latest date for initiating payment by : Internet, Telephone, BACS Direct credit, Bank Giro, and Alliance & Leicester Commercial Bank	Latest date for initiating payment by : CHAPS, Paymaster
Monday	Monday 22nd	Thursday 18th	Monday 22nd
Tuesday	Tuesday 22nd	Friday 18th	Tuesday 22nd
Wednesday	Wednesday 22nd	Monday 20th	Wednesday 22nd
Thursday	Thursday 22nd	Tuesday 20th	Thursday 22nd
Friday	Friday 22nd	Wednesday 20th	Friday 22nd
Saturday	Friday 21st	Wednesday 19th	Friday 21st
Sunday	Friday 20th	Wednesday 18th	Friday 20th

Employers with fewer than 250 employees or exempt employers who choose to pay electronically must also ensure we have cleared funds on or before the 22nd of the month.

Employers with fewer than 250 employees or exempt employers who do not pay electronically, still have to make sure your payment reaches us by the 19th of each month.