PAYE & Employment Forms Guidance
Managing PAYE and employment forms can be confusing for both employers and employees. Whether it’s completing a P35 HMRC return, issuing a P45 HMRC when an employee leaves, submitting a P50 HMRC for tax refunds, or handling a P55 HMRC form related to pensions, accuracy is key.
At Audit Consulting Group, we simplify the process. Our team helps businesses and individuals stay compliant, avoid HMRC penalties, and get the refunds or confirmations they’re entitled to.
Understanding the P35 HMRC Form
The P35 HMRC (Employer Annual Return) was historically used by employers to summarise PAYE tax and National Insurance contributions at the end of each tax year. While HMRC has moved towards Real Time Information (RTI), many businesses still require expert guidance when reconciling past filings or dealing with queries about historic P35 submissions.
We assist with:
- Reviewing PAYE records.
- Ensuring submissions align with HMRC requirements.
- Correcting errors in past filings.
The P45 HMRC Form – Employee Leaver’s Certificate
The P45 HMRC is issued to employees when they leave a job. It shows:
- Pay and tax paid so far in the tax year.
- National Insurance details.
- Employer information.
Employees need this form to:
- Provide details to a new employer.
- Claim a tax refund.
- Prove earnings for loans or benefits.
Employers often struggle with issuing the P45 HMRC correctly and on time. We help businesses automate the process, ensuring compliance with PAYE rules.
The P50 HMRC Form – Claiming a Tax Refund
The P50 HMRC is used when individuals stop working and want to claim a tax refund without waiting until the end of the tax year. Common situations include:
- Redundancy.
- Early retirement.
- Taking a career break.
We guide clients through completing the P50 HMRC accurately, ensuring they receive refunds quickly and without HMRC queries.
The P55 HMRC Form – Pension Drawdowns
The P55 HMRC form applies when an individual takes a flexible payment from their pension but does not withdraw the full amount. This form ensures that PAYE tax is adjusted correctly, preventing overpayment.
Our support includes:
- Completing the P55 HMRC form.
- Checking pension provider records.
- Liaising with HMRC to secure refunds.
Why Choose Audit Consulting Group?
- Expertise across all PAYE and employment forms.
- Direct liaison with HMRC on your behalf.
- Fast, accurate, and affordable service.
- Peace of mind knowing every form is filed correctly.
Testimonials
Lucy, HR Manager at BrightTech Ltd
“Issuing the P45 HMRC was always a headache until we started working with ACG. Now, every leaver gets their documents on time, and our compliance is perfect.”
Daniel, Self-employed Contractor
“I submitted a P50 HMRC with ACG’s help and received my refund within weeks. I never realised how simple it could be with expert support.”
Karen, Retired Nurse
“After drawing from my pension, I had no idea how to handle the P55 HMRC form. ACG explained everything clearly and made sure my tax was corrected.”
Case Studies
Case Study 1: P35 Historic Review
A medium-sized business faced HMRC queries about past PAYE filings. We reviewed their P35 HMRC records, corrected errors, and closed the investigation quickly.
Case Study 2: P45 Process Automation
A logistics company struggled to issue timely P45 HMRC forms. We implemented a streamlined payroll system, ensuring compliance and reducing admin time by 40%.
Case Study 3: P50 Refund Success
An employee who left mid-year was owed £1,800 in overpaid tax. We filed the P50 HMRC correctly, and HMRC processed the refund in just two weeks.
FAQ – PAYE & Employment Forms
- Do I still need to file a P35 HMRC form?
No, under RTI it’s no longer required, but historic queries may still apply. - How soon should I issue a P45 HMRC after an employee leaves?
Immediately – delays can affect the employee’s ability to claim refunds or start a new job. - Can I file a P50 HMRC online?
Yes, HMRC allows online filing, but many prefer professional help to avoid errors. - How long does a P50 refund take?
Usually 2–6 weeks depending on HMRC processing times. - Do I need a P55 HMRC form for all pension withdrawals?
No, only if you withdraw part of your pension under flexible access rules. - What happens if I overpay PAYE on a pension withdrawal?
You can reclaim using the P55 HMRC form. - Can employers face penalties for late P45s?
Yes, HMRC may issue fines for non-compliance. - Is a P35 still valid for historic years?
Yes, HMRC may request them for pre-RTI periods. - Can ACG handle correspondence with HMRC?
Yes, we act on your behalf for all PAYE and employment forms. - How much do your services cost?
From £50/month, depending on the complexity of your needs.
Call to Action
If you need support with a P35 HMRC, P45 HMRC, P50 HMRC, or P55 HMRC form, Audit Consulting Group is here to help.
Contact us today for expert PAYE and employment form support.
