FPS three day easement extended to 5 April 2019
13 June 2018
In an update to guidance, HMRC has extended the easement introduced in 2015 for when your FPS is late but all reported payments on the FPS are within 3 days of your employees’ payday.
The update is below and is contained within the guidance What happens if you do not report payroll information on time.
When penalties are charged
You can get a penalty if:
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Your Full Payment Submission (FPS) was late
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You did not send the expected number of FPSs
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You did not send an Employer Payment Summary (EPS) when you did not pay any employees in a tax month
HMRC will not charge a penalty if:
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Your FPS is late but all reported payments on the FPS are within 3 days of your employees’ payday (this applies from 6 March 2015 to 5 April 2019), however, employers who persistently file after the payment date but within 3 days may be contacted or considered for a penalty
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You’re a new employer and you sent your first FPS within 30 days of paying an employee
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It’s your first failure in the tax year to send a report on time (this does not apply to employers who register with HMRC as an annual scheme)