MOS182
(Mark O'Sullivan)
15 June 2021 18:15
1
I’d love to see a section within Monzo Business which provides useful info about your PAYE bill, perhaps offering some of the following:
Showing the PAYE bill due along with what date the payments is due
Push notification reminders of when PAYE bill payments are needed
Easy way to pay PAYE
A button to open up in-app web browser to the HMRC website to be able to pay your PAYE bill (easier than the previous suggestion)
MOS182
(Mark O'Sullivan)
15 June 2021 18:25
3
Yeah I should have put it as PAYE and not NIC
Thanks for pointing that out!
It’s all the same, money the government takes
Are these monthly payments or yearly self assessment?
1 Like
MOS182
(Mark O'Sullivan)
15 June 2021 18:31
5
Can be either monthly or quarterly
You must pay your PAYE bill to HM Revenue and Customs (HMRC) by:
the 22nd of the next tax month if you pay monthly
the 22nd after the end of the quarter if you pay quarterly - for example, 22 July for the 6 April to 5 July quarter
How to pay PAYE and National Insurance for employers, including Construction Industry Scheme, student loan deductions, reference numbers, bank details, deadlines and payment booklets.
Cool, I wasn’t sure if this was a business or a sole trader situation
I haven’t used a Monzo business account but is there any way to enter employees tax codes? If that was a thing then it’s theoretically possible. I don’t think HMRC integrate with anything except accounting software so accuracy would be an issue.
A push notification would be good, with a feed item that goes to the HMRC site.