What do I need to do each month? (FPS)

You should make payments to HMRC by the 19th/22nd of the following month. You can use the Month End Summary to help you with this.

If there are any changes to the payment that HMRC is expecting, no employees were paid in the current month, or Apprenticeship Levy due has been greater than zero in the tax year, you need to send an Employer Payment Summary. For example, you are paying an employee SMP and have reduced your payment to HMRC by the SMP Recovered amount.

You must also send an EPS if you are claiming Employment Allowance to offset up to £5000 (2022/2023). Find out more about Employment Allowance from the gov.uk website.

Employment Allowance allows an employer to offset up to £5000 (2022/2023) per year of their Employer’s NI against their liability to HMRC at the end of each month. Employment Allowance is per business and not for every separate PAYE reference. It can be split across more than one Company.

We recommend the following as your month-end process:

  1. Do final payroll of the month.

  2. Submit FPS.

  3. Do month-end processing.

  4. Submit EPS if required.

Employment allowance