Just had another one about payroll being early. Good to see both a proative approach and one that is sensible as well!
Guidance for employers on Real Time Information reporting obligations for payments made early over the festive period
We know that some employers pay their employees earlier than usual during the festive period, this may be due to the business closing for Christmas and New Year.
If you do pay early, please report your normal payment date on your Full Payment Submission (FPS).
For example: if you pay on 21 December but your normal payment date is 31 December, please report the payment date as 31 December. In this example the FPS would need to be sent on or before the 31 December.
Doing this will protect your employees' eligibility for Universal Credit, because an early payment could affect further entitlements.
This guidance applies only for the 2018 festive period.
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position