Top 5 Tax Year End Errors

Our Payroll team have compiled a list of some of the common errors we have come across on tax year ends prepared before payroll was handed over to them.

1. Date of birth or National Insurance number excluded from the employee details.
2. Failure to reconcile the total liability for the year with individual payments already made.
3. Incorrect or incomplete answers to declaration questions.
4. Incorrect calculation of statutory maternity pay compensation.
5. Failure to meet the filing deadline.
   

If you are handling payroll in-house and worry that you might be making such mistakes contact Paysolve, the payroll arm of Prime Chartered Accountants on 024 7655 4321 for a no obligation initial assessment of your situation.