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Correction in FPS

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moongesture
Member of Standing
Posts: 291
Joined: Sat Oct 13, 2012 12:06 pm

Correction in FPS

Post by moongesture » Tue Feb 09, 2016 8:10 pm

Hi,

Due to an error an adjustment in FPS is made this month.

The different PAYE Tax & NI was submitted which is now been adjusted by submitting the "difference" this month.
Will it be any problem if Monthly Payslips & Monthly submission (FPS) differ during last few months.

Olasunkanmi
Diamond Member
Posts: 1324
Joined: Sat Aug 17, 2013 10:28 pm
Location: London, UK.

Re: Correction in FPS

Post by Olasunkanmi » Tue Feb 09, 2016 10:46 pm

@ abdhriz, it will be advisable to ask your accountant to amend the payslips to reflect the correct figures on your FPS or better still your accountant can include a detailed letter with your account to explain the amendment.
The key to success is knowledge and hardwork, and to have faith.

moongesture
Member of Standing
Posts: 291
Joined: Sat Oct 13, 2012 12:06 pm

Re: Correction in FPS

Post by moongesture » Wed Feb 10, 2016 9:25 am

Thanks for your reply. The difference came due to change in Tax Code alteration and adjustment has been paid to HMRC.
In order to avoide confusion shall a letter will be fine.
I believe FPS summary will also be useful as the total PAYE & Tax due will be balanced at total sum.
Any thought!!

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