Employers use the yellow booklets to make PAYE and National Insurance payments to HMRC. They are just one of a whole range of options available to employers to make such payments.
HMRC recently announced that the despatch of 2014/15 booklets should begin on 6th January 2014. Please keep it somewhere safe until you need to start using it in April 2014.
If for any reason, you need to make a payment but you do not have a payslip or your payment booklet, you can always use HMRC’s online facilities to make a payment. You can also tell HMRC that no payment is due online; again you do not need a payslip.
If you would like any assistance with your payroll, please do not hesitate to contact us. Your local TaxAssist Accountant would be happy to help you with your payroll affairs.
By Jo Nockels
Disclaimer: The information provided is based on current guidance (at date of publication) from HMRC and may be subject to change. Any advice shared here is intended to inform rather than advise. Taxpayer's circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this information, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.