142 Cromwell Road, London, SW7 4EF info@praxium.uk

End-of-Year Reporting

Service Details

The end of the tax year comes with important responsibilities for employers — from issuing employee forms to submitting returns to HMRC. Praxium Limited handles every detail, making sure you're fully compliant and stress-free come year-end.

End-of-year payroll reporting

We’ll generate and distribute all required documents, including P60s for current employees, P45s for leavers, and P11Ds if needed. We’ll also take care of your final submissions to HMRC and ensure you’re ready to start the new tax year without delays or penalties.

Service Features

P60 Generation

We prepare and distribute accurate P60s for every employee who worked with you at tax year end.

Final HMRC Submissions

We complete your year-end FPS and EPS submissions to HMRC, ensuring everything balances before the new year begins.

What's Included

  • P60 forms for all eligible employees
  • P45s for anyone who left during the tax year
  • P11D creation (if benefits in kind are provided)
  • Final EPS and FPS filings to HMRC
  • Reconciliation of PAYE records for the tax year
  • Preparation for new tax codes and thresholds

Frequently Asked Questions

Q: What’s the deadline for issuing P60s?

P60s must be given to all employees who are still with you at the end of the tax year by 31st May. We make sure they go out well before the deadline.

Q: Do you handle P11Ds for benefits?

Yes — if your employees receive taxable benefits like company cars or private healthcare, we’ll prepare and submit the P11D forms for you.

Q: Will I be ready for the new tax year?

Absolutely. We’ll apply new tax codes, update thresholds, and ensure your payroll is set up correctly for the new year.