PAYE payments for period 7
Electronic payments due by Friday 21 November
Employers who make PAYE payment electronically should note that for Month 7 (the period ended November 2008) the due date is the 21st of the month, and not the 22nd as it usually is.
The payment is due early because 22 November 2008 is a Saturday – a non-banking day. Cleared funds must be with HMRC by Friday 21 November.
This means the last day for initiating payment is:
- Wednesday 9 November if you pay by telephone, internet, BACS Direct Credit, Bank Giro or Alliance Leicester Commercial Bank (previously know as Girobank)
- Friday the 21 November if you pay by CHAPS.
HMRC in its news item points out that this is only a guide as your bank or building society may take longer to process the payment and will operate a cut-off time for initiating a payment that day.
10 November 2008
