Payroll has always been accounted for on a 'receivables' basis, especially so since RTI. Therefore so long as the employees pay is received at the date of the process run then all is ok.
I think I have messed up. I have set up new client in Moneysoft with a start date of April 20th. (Employees started April 20th but not paid until 30th May). I had to send and RTI for April with new alignment. The FPS clearly states the employees were not paid in April.
When I submitted the FPS a box came up asking for a reason why the FPS was late . Hmmm because my client was waiting for a PAYE ref number and Accounts Office Ref number? and by the time they came it was May already and he pays monthly?? I choose the reasonable excuse. ??
Are you sure? I read somewhere on the HMRC website that it didn't apply to any new employers who registered after 6th April 2014. Did I mis read it as I was in a blind panic?
No idea - but I had a late submission last month (no dropdown option for "Director's incompetence"!) and had a generic notification from HMRC which states "From October 2014, if you don't send your FPS on time you may incur in-year filing penalties". Employer has been registered for several years.
