Christmas & PAYE Reporting requirements
Please note that if you have brought your pay day forward due to the Christmas period, as per the guidance released by HMRC, payroll is still required to be processed using your ‘usual’ pay date.
HMRC have confirmed it is acceptable to make the physical payment earlier than this. Taking this step will ensure that employers help to protect employee eligibility for Universal Credit, as reporting an early payment date could have an impact on their entitlements.
Please see below a snippet from the HMRC Employer bulletin for Oct-21 – Click here to view the full bulletin.