When do I need to send an EPS?
Article ID
11184
Article Name
When do I need to send an EPS?
Created Date
1st May 2019
Product
IRIS GP Payroll
Problem
Under what conditions do I need to send an Employer Payment Summary (EPS)?
Resolution
The EPS is a report detailing payments by the employer to the HMRC.
Specifically, this reports the values for a reduction in PAYE for a pay period because of statutory payment recovery or compensation.
Valid reasons for reducing your PAYE for a month are:
- Recovery / Compensation of SMP (Statutory Maternity Pay
- Recovery / Compensation of OSPP (Ordinary Statutory Paternity Pay)
- Recovery / Compensation of ASPP (Additional Statutory Paternity Pay)
- Recovery / Compensation of SAP (Statutory Adoption Pay)
- Recovery / Compensation of ShPP (Shared Parental Pay)
If your p32 shows any of the above values for a month you need to submit an EPS.
As you can no longer recover the cost of statutory sick pay (SSP) this item is not longer included on the EPS.
Apprenticeship Levy
The execption to the rules above, charges for the apprenticship levy are included on the EPS. This charge is an increase in PAYE for the company, if the levy allowance has been used.
For more details on Apprenticeship Levy, click here.
Employment Allowance
You would also need to send one EPS after activating “Employment Allowance”, however, most practices would not qualify for this.
Failure to send an EPS
If you fail to send the EPS the HMRC will believe you have not paid the correct PAYE for the period and could issue a penalty.
This should be submitted to HMRC by the 19th of the following month, in line with when HMRC would expect you to pay your remittance.
We are sorry you did not find this KB article helpful. Please use the box below to let us know how we can improve it.
