Magee Gammon News Employers: Are You Ready for a New Tax Year?

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!

See: https://www.gov.uk/payroll-annual-reporting

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