Specialist Tax News

End of tax year payroll procedures

As the 2021/22 tax year has now ended, employers need to carry out the following end of year procedures:-

  • Provide employees with their P60 annual summaries by 31 May 2022,
  • Prepare forms P11D for employees’ expenses and benefits by 5 July 2022,
  • Update employees’ payroll data for 2022/23, in particular their new tax codes, and
  • Update their payroll software for 2022/23 if they haven’t already done so.