As an employer running payroll, you need to report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April 2023), give your employees a P60, and prepare for the new tax year, which starts on 6 April.
What you need to do:
Send your final payroll report of the year On or before your employees’ payday.
– Update employee payroll records – From 6 April
– Update payroll software – From 6 April
– Give your employees a P60 – By 31 May
– Report employee expenses and benefits – By 6 July
HMRC have published important information for employers on GOV.UK, which includes help with [finishing the tax year 2022 to 2023](https://www.gov.uk/payroll-annual-reporting).
Please talk to us about our payroll services; we offer a secure payroll service that not only saves you time and money but can eliminate the risk of getting something wrong.