Avoid PAYE late payment penalties

When paying electronically you normally have until the 22nd of the month to pay. However 22 May 2010 falls on a Saturday. So this means that your payment for Month 1 of 2010-11 will need to clear HM Revenue & Customs bank account by Friday 21 May.

If your payment does not clear by Friday 21 May, you will have paid late and any further late payment for this tax year may result in a penalty being charged.

For further information see:

Payment deadlines
The full range of payment options for PAYE
What to do if you can’t pay
New late payment penalties

In order to help you pay on time you might want to visit the Business Link website (see link below) where you can create a calendar of key tax deadlines for the next 12 months. You can also sign up to receive regular email alerts as each date approaches.

Calendar of key tax deadlines (Opens new window)