west001
Jul 27, 2016, 09:07 AM
We have just set up a small business but failed to register with HMRC in time for the first pay day (should have been 24th July). Not wanting our two employees to miss out on their wages we paid them hoping that we'd make the books right in retrospect once linked with HMRC.
By mistake we paid them slightly too much, error in calculating when deducting the tax.
Now we are waiting for the HMRC registration and this may not come through until August.
I'm not sure how to make the books right now.
One employee started on 1st July and the other started on 15th July.
Do I get them to transfer the money we paid them back and then do a payroll in August?
Thanks for the advice
By mistake we paid them slightly too much, error in calculating when deducting the tax.
Now we are waiting for the HMRC registration and this may not come through until August.
I'm not sure how to make the books right now.
One employee started on 1st July and the other started on 15th July.
Do I get them to transfer the money we paid them back and then do a payroll in August?
Thanks for the advice