PAYE Settlement Agreements
Deadlines and payment
The deadline for applying for a PAYE Settlement Agreement (PSA) is 5 July following the first tax year it applies to.
Example
For the tax year 2023 to 2024, you’ll have until 5 July 2024 to apply for your PSA.
What you can include in your PSA depends on when you apply.
When to pay
You must pay any tax and National Insurance owed under a PSA by 22 October after the tax year the PSA applies to (19 October if you pay by post).
You may be fined or charged interest if you do not pay or your payment is late.
What to include in your first PSA payment
If you apply for a PSA before the start of a tax year, you can include any expenses and benefits contained in the agreement.
If you apply for a PSA after the start of the tax year, you might need to report some items separately.
If you apply for a PSA before 6 April 2024
You must use form P11D to report expenses and benefits provided to employees before the PSA agreement date that you:
- have already included in your employee’s tax code
- included (or should have included) in your employee’s PAYE tax and National Insurance deductions
If you apply for a PSA between 6 April 2024 and 5 July 2024
You must use form P11D to report expenses and benefits provided to employees during the tax year that you:
- have already included in your employee’s tax code
- included (or should have included) in your employee’s PAYE tax and National Insurance deductions