| What is a P35? | | | | Find out more using a free Online Accounting |
| A P35 is a year-end return completed by all | | | | knowledge base. Sometimes all you need is a |
| employers. The P35 is a summary of the | | | | quick answer to a simple question. This online |
| deductions made from the employees salaries | | | | accounting knowledge base offers you some of |
| reconciled to the payments made to HMRC during | | | | our most frequently asked questions along with |
| the tax year. Any difference in the reconciliation | | | | the answers. |
| between the PAYE payments due and actually | | | | The knowledge base is a great point of reference |
| paid can then be identified. The P35 is completed | | | | point but sometimes there is also no substitute |
| for each individual tax year and is submitted to | | | | for talking things through with some one. So if |
| HMRC together with the employees P14 (The P14 | | | | you would like any more information about the |
| is a similar form to that of the more well know | | | | topics (or if you have another question you would |
| P60). | | | | like to ask that’s not contained with the |
| The P35 must be submitted to HMRC no later | | | | knowledge base) you can contact net accounting, |
| than 19th May after the previous tax year. All | | | | who hosts the free knowledge database by email |
| employers with over 50 employees have to | | | | or phone. Alternatively, If you think they've |
| submit the return online. If you have fewer than | | | | missed a topic that would be useful for everyone |
| 50 employers, you don't have to file online until at | | | | to have some answers to simply send an email |
| least 201. The P35 can be submitted using the | | | | with the topic and the related questions for them |
| HMRC website, direct from the payroll software | | | | to consider. |
| or by paper if allowed. | | | | |