Upcoming deadlines for SME reporting to HMRC

PAYE Settlement Agreement

The deadline for applying for a PAYE Settlement Agreement (PSA) or making any amendments to an existing PSA is 5 July following the first tax year to which it applies. PSAs are an agreement between an employer and HMRC.

For example, for the tax year 2025-26, you will have until 5 July to apply for your PSA.

Expenses and benefits

P11D and P11D(b) filing and payment deadlines for those employers who do not payroll expenses and benefits is close. The deadline for reporting P11D(b) Class 1A National Insurance Contributions (NICs), P11D expenses and Benefits In Kind (BIK) provided in the 2025-26 tax year, is 6 July 2026.

Payment must reach HMRC by 19 July 2026 if paying by cheque, or 22 July 2026 if paying electronically.

Reminder: file monthly CIS returns or face late-filing penalties

From April 2026, CIS contractors are legally obliged to file a CIS return every month, including nil returns in months where they have not used a subcontractor.

Voluntary NICs abroad

In the 2025 Budget, the government announced changes to voluntary NICs abroad. From 6 April 2026, for tax years 2026-27 onwards, the option to pay voluntary Class 2 NICs for periods abroad has been removed.

New applications to pay voluntary Class 3 NICs for periods abroad will only be accepted where the individual has either 10 years’ continuous UK residency or has paid at least 10 years of NICs.

If you need any help with tax or payroll issues, please give us a call. We would be happy to help you.