Paying your October PAYE / NIC liabilities

The deadline for payments of your PAYE settlement agreement for the year ended 5 April 2011 is due on 19 October, or 21 October for electronic payments.

Typically e-payments are due 3 days later than postal payments, but please be aware that 22 October falls on a Saturday so payments will need to be triggered earlier. Late payments may lead to penalties being levied by HMRC, at 5% of the total amount due, increasing further if the amount is not settled within 30 days of the due date.

The same will apply for payments of Income Tax and Class 1 NIC for month 6 (6 September to 5 October) and quarter 2 (6 July to 5 October), with postal payments due by 19 October and e-payments needing to clear HMRC bank account by Friday 21 October. Penalties may apply, dependent on the number of late payments made in the tax year.