This is the guidance for the tax year 2025/26
Step 1: Confirm your payroll end date
- Check whether your payroll includes a Week 53 in the 2025/26 tax year.
Step 2: Run and finalise your last payroll
- Process the final payroll run for all pay frequencies.
- Ensure all RTI submissions (FPS) are sent to HMRC.
Step 3: Prepare and submit your EPS
- In the RTI tab, create a new Employer Payment Submission (EPS) for Tax Month 12.
- Tick the Final Submission indicator.
- Submit the EPS to HMRC.
Step 4: Produce and issue your P60s
- Generate P60s for your employees from the Employees tab.
- Ensure all employees receive their P60s no later than 31 May 2026.
Step 5: Make any necessary corrections
- If you identify an error in any FPS for 2025/26 after making your final submission, submit an **Additional Full Payment Submission (FPS) to HMRC.
- Whenever you correct a value, please remember to re‑submit your FPS.
For more guidance, please visit:
www.brightsg.com/payroll-year-end
Important note:
We recommend waiting until your payroll is fully completed for the current tax year before importing into the new tax year version. This helps ensure that the most accurate and up‑to‑date information is carried forward from the previous year.
You do not need to complete year end procedures for a ceased company that is not active with HMRC and has no current employees.
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