Change pay day

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SpontaneousOrder replied

20 March 2014, 22:32
Originally posted by captainham View Post

It's your company. You dictate when pay day is, and the frequency. Not HMRC.

EDIT: Or perhaps your accountant might dictate this to a degree, if it suits their RTI submission cycle (on your behalf). Mine submit at the end of the month, and I can pay myself at any point in the month as I see fit (if I pay early, it just counts as a loan until the end of the month).

I presume you've asked your accountant, so what did they say?

I just wanted to double check when it was because if the RTI info isn't submitted on or before whatever HMRC think my pay day is, it'll be late (although I don't think that matters until 2014/15). I was thinking about paying myself extra this month, so I should decide in time to meet the deadline. I think it's the 1st of the month, but I'd hoped that I could casually pop onto the website to see what info they had stored about my pay runs.
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captainham replied

20 March 2014, 20:21
It's your company. You dictate when pay day is, and the frequency. Not HMRC.

EDIT: Or perhaps your accountant might dictate this to a degree, if it suits their RTI submission cycle (on your behalf). Mine submit at the end of the month, and I can pay myself at any point in the month as I see fit (if I pay early, it just counts as a loan until the end of the month).

I presume you've asked your accountant, so what did they say?

Last edited by captainham; 20 March 2014, 20:30.
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SpontaneousOrder started a topic Change pay day

20 March 2014, 20:16
Change pay day

Hey.
Can anyone advise me where I have to look in the HMRC gateway, or their RTI software to see what day my actual pay day is?
Gotta be the worst user experience I've ever seen. Nearly.

Ta.
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