Small Business Accounting

What is a PAYE Annual Return?

By

Chris Andreou

Contents

The P35 is an annual tax return completed by employers. The form indicates the total tax and National Insurance contributions for each employee during the previous financial year.

With the introduction of the Real Time Information reporting (RTI), the P35 is no longer required.

<p>The P35 is an annual tax return completed by employers. The form indicates the total tax and National Insurance contributions for each employee during the previous financial year.<br></p><p>With the introduction of the Real Time Information reporting (RTI), the P35 is no longer required.</p>

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