Employers: Are You Ready for a New Tax Year?
The end of the 2025/26 tax year will soon be here, which means a few additional tasks to carry out on your payroll, if you run one.
If you run a payroll, you will need to report information on the tax year that is ending to HM Revenue and Customs (HMRC). The tax year ends on 5 April 2026.
You will also need to prepare for the new tax year, which starts on 6 April. HMRC provide the following handy list of tasks that need to be carried out and when.
- Send your final payroll report of the year on or before your employee’s payday.
- Update employee payroll records and payroll software from 6 April.
- Give your employees a P60 by 31 May.
- Report employee expenses and benefits by 6 July.
If you would like help with any of these tasks, please do get in touch. We would be happy to help you!
According to a BBC report, businesses investing in Artificial Intelligence (AI) are finding it increasingly difficult to predict what their technology bills will look like, as reliance on AI increases.
The Chancellor of the Exchequer, John Healey, has announced that Budget 2026 will be presented on 28 October 2026.
Second Floor
123 Promenade
Cheltenham
GL50 1NW
.png)
.png)