Chapter 3 - 3.4 - Payments to HMRC

Question 1

When are income tax and NIC, deducted during each tax month, due for payment?

Answer 1

14 days after the month ends

Question 2

The tax month runs from 6th to 5th of each month, therefore the payment due date is…

Answer 2

The 19th of each month

Question 3

When is the deadline extended to the 22nd of the month?

Answer 3

For electronic payment

Question 4

Which employers must make their monthly PAYE payments electronically?

Answer 4

Employers with at least 250 employees

Question 5

What are employers whose average monthly payments of PAYE and NICs are no more than £1,500 in total allowed to do?

Answer 5

Make payments quarterly, rather than monthly