C F W Accountants LLP

Employers: Are You Ready for a New Tax Year?

Talk to an expert

The end of the 2025/26 tax year will soon be here, which means a few additional tasks to carry out on your payroll, if you run one.


If you run a payroll, you will need to report information on the tax year that is ending to HM Revenue and Customs (HMRC). The tax year ends on 5 April 2026.


You will also need to prepare for the new tax year, which starts on 6 April. HMRC provide the following handy list of tasks that need to be carried out and when.


  • Send your final payroll report of the year on or before your employee’s payday.
  • Update employee payroll records and payroll software from 6 April.
  • Give your employees a P60 by 31 May.
  • Report employee expenses and benefits by 6 July.

If you would like help with any of these tasks, please do get in touch. We would be happy to help you!


See: https://www.gov.uk/payroll-annual-reporting

August 26, 2026
Making Tax Digital for Income Tax first quarter statistics published

Under Making Tax Digital (MTD) for Income Tax, sole traders and landlords with income of more than £50,000 have been required to keep digital records and send quarterly updates to HMRC since 6 April 2026.

Read article
August 24, 2026
UK vacancies fall to lowest level since 2014 as hiring slows

The UK jobs market showed fresh signs of strain in the latest labour market figures, published by the Office for National Statistics on 18 August 2026.

Read article