PAYE Quarterly and BillPay

[Hex]

Anyone answer my query about how to apply to pay this quarterly?

I think you just do it. I don't think you need to apply.

[gadgetman]

Yep, same with the PAYE.

Anyone answer my query about how to apply to pay this quarterly?

Actually I'm wrong, my PAYE isn't by DD - not sure if there's an option for that.

You get 7 days extra if you manually pay via BACS, I didn't realise you could set up a direct debit to pay it, I must look into that......

[r0bly0ns]

Re VAT its actually more than 7 days. they take it by direct Debit on the 12th of the next month, at least they do for me.

You get 7 days extra if you manually pay via BACS, I didn't realise you could set up a direct debit to pay it, I must look into that......

[MrRobin]

Hmm.. ta. I should get round to setting this up.

[gadgetman]

Re VAT its actually more than 7 days. they take it by direct Debit on the 12th of the next month, at least they do for me.

[Sockpuppet]

Hmm.. BillPay.. I've always payed by cheques, which I find all a bit obsolete and cumbersome for an IT expert. Can you pay VAT in this way too?

No but you can do VAT online so they automatically take it from your bank account. Plus you get more time to pay = more interest to you.


www.hmrc.gov.uk / Do It Online for VAT.

[gadgetman]

Alan, I currently pay monthly by Billpay - can you advise how I opt to go quarterly?

You have an option to pay quarterly provided the average PAYE/NIC due each month does not exceed £1500 -if it does you should make the payments each month.

Alan

[Peoplesoft bloke]

...Plus it provides work for at least one epsilon semi-moron envelope-unstuffing operative on the non-productive HMG-funded payroll.

Surely epsilon minus?

[malvolio]

Hmm.. BillPay.. I've always payed by cheques, which I find all a bit obsolete and cumbersome for an IT expert. Can you pay VAT in this way too?

MyCo has a firm and unshakeable policy - all payments to HMRC are by cheque. They make my life inutterably difficult at every turn, so why should I help them? Plus it provides work for at least one epsilon semi-moron envelope-unstuffing operative on the non-productive HMG-funded payroll.

[Alan @ BroomeAffinity]

Hmm.. BillPay.. I've always payed by cheques, which I find all a bit obsolete and cumbersome for an IT expert. Can you pay VAT in this way too?

Yes, you can pay your VAT eletronically. You get an extra 7 days as well.

[MrRobin]

Hmm.. BillPay.. I've always payed by cheques, which I find all a bit obsolete and cumbersome for an IT expert. Can you pay VAT in this way too?

[Nixon Williams]

Hi guys,

Currently enjoying running a limited company, it's early days and i'm learning lots of new things! I might just be being over sensitive here but best to ask if unsure.....

I just made my first PAYE payment for the quarter due 19 April - I am on the quarterly scheme.

However, I made the payment using BillPay as seperate payments for Month 10, 11 and 12. Should I have just made one payment for all three months instead?

I don't know whether this matters or not, I couldn't see a clear explanation on the site - it all totals up the same amount after all.

Can anyone see any problems with what i've done?

You have an option to pay quarterly provided the average PAYE/NIC due each month does not exceed £1500 -if it does you should make the payments each month.

Alan

[Danbro]

Danbro Accounting Limited

Hi,

What you have done isnt wrong, however you could have just paid the total quarterly amount using bill pay.

Thanks

Neil

[ramholio]

Hi guys,

Currently enjoying running a limited company, it's early days and i'm learning lots of new things! I might just be being over sensitive here but best to ask if unsure.....

I just made my first PAYE payment for the quarter due 19 April - I am on the quarterly scheme.

However, I made the payment using BillPay as seperate payments for Month 10, 11 and 12. Should I have just made one payment for all three months instead?

I don't know whether this matters or not, I couldn't see a clear explanation on the site - it all totals up the same amount after all.

Can anyone see any problems with what i've done?