Employer Payment Summary (EPS) for employers in the UK

As an employer in the UK, you are required to submit an annual Employer Payment Summary (EPS) to HM Revenue and Customs (HMRC). The EPS is a summary of the payments and deductions you have made to your employees during the tax year.

To submit an EPS to HMRC, you will need to do the following:

1. Gather the necessary information. This includes the total amount of pay and deductions you have made to your employees during the tax year, as well as the total amount of tax and National Insurance deductions you have made.
2. Log in to your HMRC online account. If you do not have an online account, you will need to create one by visiting the HMRC website and following the instructions.
3. Navigate to the “Employer” section of your online account and select the option to submit an EPS.
4. Enter the information you have gathered into the online form. This will include the total amount of pay and deductions, the total amount of tax and National Insurance deductions, and the total number of employees you are reporting on.
5. Submit the form to HMRC. This will typically be done electronically, but you may be able to submit a paper form if necessary.

Once you have submitted your EPS, HMRC will use the information to update your employees’ tax codes and ensure that they are paying the correct amount of tax and National Insurance.

Here’s Know to payroll reporting to HM Revenue and Customs (HMRC) for employer in the UK

It is important to submit your EPS on time to avoid any potential penalties. The deadline for submitting your EPS will depend on the tax year you are reporting on. For example, the deadline for the 2021/22 tax year is 19 May 2022.

Overall, submitting an annual Employer Payment Summary to HMRC is a relatively straightforward process. By gathering the necessary information, logging in to your online account, and completing the online form, you can submit your EPS and ensure that your employees are paying the correct amount of tax.

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