Client closed the business at the end of March 2015, all payroll completed and closed.
I am now finalising final accounts and noticed an amount of money for an employee for over £200 which was apparently additional overtime to the employee, this was never reported to us in the time sheets but has now come to light.
The P45 for the employee is wrong. So do I advise the client to write to HMRC and the employee detailing the missing money and await any additional PAYE costs.
They also paid cash in the last month of business to temp staff when an employee left, again not in the payroll, the amounts are about £600.
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Earlier Year Update
If the 2014/15 payroll was wrong, re-run the March 2015 payroll to include the correct figures, then submit an Earler Year Update for 2014/15 using HMRC Basic PAYE Tools - it will require you to enter the figures originally submitted and the corrected figures, but will then work out and submit the adjustments. Pay any additional PAYE due quoting the AO reference, followed by 1512.