payslips without PAYE

[Goggy]

My company is not registered as a PAYE as yet therefore my accountant issued payslip without Ni and PAYE refs and corresponding amounts. Is it ok to have this kind of payslips in case HMRC gets interested in my paperwork. How long does it take to register the company for PAYE ?

[richy]

My company is not registered as a PAYE as yet therefore my accountant issued payslip without Ni and PAYE refs and corresponding amounts. Is it ok to have this kind of payslips in case HMRC gets interested in my paperwork. How long does it take to register the company for PAYE ?

Just means you have to declare the income and pay taxes due on your self assessment return.

Re registering, 1 week when I did it 3yrs ago.
richy

[Clare@InTouch]

You can register online for PAYE and it will several weeks. Technically no wages should be paid prior to that, and if you've been paid without tax or NI being deducted then it's incorrect and will need to be re-done when the scheme is set up (or it was a dividend, not wages).

[Darren@UptonAccountants]

Paye

In order to file your self assessment return with salary details, the PAYE references will be needed. As Claire said, it takes a few moments online and the references arrives shortly afterwards....or get your accountant to do it.

[Sally BFCA]

You can register online for PAYE and it will several weeks. Technically no wages should be paid prior to that, and if you've been paid without tax or NI being deducted then it's incorrect and will need to be re-done when the scheme is set up (or it was a dividend, not wages).

If you didn't want to declare it as a dividend for tax purposes (possibly in the higher tax bracket) then you could "hold" it in the directors loan account and clear it off with salary owed once the registration is complete.
Our new registrations are taking approximately 2 weeks to come through at the moment.