Monzo Business: Easy way to pay PAYE bill

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)

Just NIC, not PAYE?

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Yeah I should have put it as PAYE and not NIC :flushed:

Thanks for pointing that out!

It’s all the same, money the government takes :grin:

Are these monthly payments or yearly self assessment?

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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

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.