When is tax payable Week 52/week 1?

When is tax payable Week 52/week 1?

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Hiya,

Just quick question on PAYE NI etc,

When does the tax point occur? is it date of payment or on date of work.

I. my client has employees that worked week 52 (Sat 29th to Friday 4th) but paid on 9th of April.

My brain tells me that this is Week 52 Pay, and part of Tax Year 13-14, but im not 100% sure on it.

thanks

 

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RLI
By lionofludesch
10th Apr 2014 14:41

Date of Payment

It's the date of payment.

If it wasn't, where would you draw the line ?  Every week ?  Every day ?  Every hour ?

Incidentally, "tax point" is a term used in VAT, not PAYE.  Just saying .............

Thanks (1)
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By Martymcfly
10th Apr 2014 14:46

Thanks :D

Its been an Age since i looked at any Payroll questions, the joys of Corporate accounting with outsourcing :D

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Euan's picture
By Euan MacLennan
10th Apr 2014 14:49

Common mistake

Calculating the PAYE on the date up to which the hours being paid were worked, rather than on the date of payment, is a common mistake which has caused people a lot of problems now that the mistake has been flushed into the open by the RTI requirement to report on or before the date of payment.  There have been several threads on AWeb about this.

In your case, the payment is in Week 1 of 2014/15 and the PAYE should be calculated accordingly.

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