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Please find our year end guide for 2023/24. Below are instructions on how to file your final submission, create new pay periods for the coming tax year, and how to deal with tax codes. 

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Committing Payroll

Tax Codes

P60s

New Rates

HMRC Filing

As in previous years, there is no difference to normal filing of the FPS and EPS except that the final submission of year box should be ticked on whichever return is sent last (this will normally be the month 12 EPS, but may be an FPS if the EPS has been filed early).

When the final submission of year is ticked, a ceased date field will appear. Please note: This should not be entered unless the company has ceased trading.Image Removed

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Pay Periods

In order to commit the last period of the year, InPay requires the first period of the following year to be set up in the system. This is done within the payroll - pay periods screen. We recommended using the generate button, as this will provide a wizard to create the entire year’s periods, rather than manually setting up each period one at a time.

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Once ready, click generate. Image Removed

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You will then see all the periods generated for you. You can click on each period and adjust dates if required. For full details on how to use these screens go to payroll - pay periodsImage Removed

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Committing Payroll

Upon committing your last payroll, InPay will make the additional amendments to records:

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If previously ticked, the employment allowance flag (and related information) will be removed from the company - details screen.Image Removed

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Tax Codes

Once committed you will be required to do the following tasks.

Apply any outstanding P6s received for 2024/25 via the HMRC data retrieve screen.

Apply any P9s via the HMRC data retrieve screen (this will apply on 6th April 25.)

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Once all of a company’s payrolls for 2024/25 have been committed into the 2025/26 tax year, P60s can be run within standard reports, the report P60 Pre Printed 2024-25 has been added under the statutory category. This can be printed out on plain paper.

Foe those using the Payslip Portal the P60 will be directly available for the employee along with payslips upon commitImage Removed

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New Rates

All of the legislative information for the 2024/25 Tax Year can be found through the company - legislative details screen.

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