Jul 2014


Class 1A NIC payment for 13/14 deadline 22nd July

Employers should make sure they pay 2013/14 Class 1A National Insurance contributions (NICs) by the deadline of 22 July for electronic payments or 19 July for cheques. If they do not they may get a late payment penalty. Employers should check they have the right reference number to help the payment go straight through.

Ways to pay PAYE/NICs

HMRC strongly recommends that you use an electronic payment method.

Paying electronically is fast, secure and convenient provided you use an accurate reference number - and it's mandatory for employers with 250 or more employees.

It's your responsibility to make sure payments are made on time, whichever payment method you use. You may be charged interest and a penalty if your payment isn't received by the deadline.

HMRC counts all of the payment methods listed below as electronic:

• Direct Debit
• Online debit or credit card using BillPay
• Bacs Direct Credit
• Faster Payments by online or telephone banking
• GBS Transfer
• Bank Giro
• payment at the Post Office

You can find out more about these and other payment methods by reading the guide 'How to pay PAYE/Class 1 National Insurance/CIS'.

Posted byAnn TigheinHMRCPayroll Software