I've been studying HMRC's payroll pages and can see that you can request to pay PAYE quarterly if under a certain threshold.
But I'm wondering and can't seem to see in the guidance.. can you REPORT quarterly to HMRC?
Say you have a simple 1 director payroll. Is there anything stopping you having a pay calendar that runs 1 March - 30 June (and so on) with a payment date say at the end of each quarter?
If you did, would you still be required to send EPS reports for the tax months within that period where there were no payments?
If you can run a quarterly pay calendar and report quarterly, why don't more people do it? I've seen loads of director payrolls and almost all of them have been monthly pay, what's the reason for that?