Bookkeeping, Accounts & Payroll Bureau Service

Bookkeeping, Payroll Bureau Service Inc. RTI, Management Reports, VAT Returns, Draft Year End Accounts for Audit, Cash Flow

 

What is a P32?

A double sided A3 form showing the summary of amounts owed for PAYE to HMRC each month for the tax year. This included any Tax and NI contributions, statutory payments (SSP & SMP Statutory Sick Pay & Statutory Maternity Pay) Tax Credits and Student Loan Payments. 

We used this manual method of recording in conjunction with software printouts as a double check, and a concise way of recording the payments made to HMRC by employers in case of any queries.

Payroll is now electronically recorded and uploaded 'live' via RTI (real time information) to HMRC when payroll is run so records are shown on the HMRC website within days. The P32 form has now been superceded.

 

Payroll Services | Our Services | Draft Accounts