If you need to cease the PAYE scheme for your company, you can easily do so by following these simple steps:
Navigation: Payroll > Client specific > Submission > Select FPS & EPS > Click on EPS > Select Add submission.
1. Navigate to the Payroll section of your account.
2. Select the Submission tab and then choose EPS (Employer Payment Summary).
3. Add a new submission and indicate that it is the final year submission by selecting 'YES'.
4. Select 'YES' when asked if the company is ceasing.
5. Input the date on which the PAYE scheme will cease.
6. Finally, submit the information to HMRC.
when you click on Add submission the tab appears as shown in the screenshot below.
Once the information is populated, click on HMRC submit option to proceed further with the submission.
It's important to ensure that all necessary steps are completed accurately to avoid any issues with your PAYE scheme cessation.
If you have any questions or need further assistance with this process, please don't hesitate to reach out to our customer support team. We are here to help and can provide guidance to make sure the process goes smoothly for you.
Additional Information: To Cease your PAYE scheme
1. Notify HMRC - Inform HMRC by submitting a ceased EPS
2. Submit Final PR return - Submit a final FPS / EPS with a cessation date
3. Terminate employees -Ensure all employees are marked as leavers to issue Final payslips.
4. Final PR details - Include all necessary details like any irregular payment patterns.
By following these steps and reaching out for support if needed, you can easily and effectively cease the PAYE scheme for your company. Thank you for choosing our services, and we are here to assist you every step of the way.