As an employer running payroll, you need to:
- report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April) and give your employees a P60
- prepare for the new tax year, which starts on 6 April
HMRC have published important information for employers on GOV.UK, which includes:
- help finishing the tax year 2023 to 2024
- using form P9X tax codes to use from 6 April 2024
- information on the Rates and thresholds for employers 2024 to 2025 - GOV.UK
- the Employer Bulletin: February 2024 - GOV.UK (www.gov.uk)
- How do I use payroll software to send reports to HMRC? - YouTube