TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

July PAYE and NIC payment deadlines

HMRC reminded Agents and Employers in the July 2014 employer diary that postal payments should have reached HMRC by Friday 18th July and not 19th July. Electronic payments should have cleared HMRC’s account as normal by 22 July.

The 18th deadline applies to postal payments of:

  • Class 1A NICs for 2013/14
  • PAYE and NIC for the month/quarter ended 5 July.

For payments by an approved electronic method the deadline was Tuesday 22 July. Payments must have cleared into HMRC’s bank account by then. Employers who pay late will be charged interest and maybe a late payment penalty.