P30 PAYMENTS RECORD
This utility facilitates the recording of P30 payments made to the Revenue Commissioners. It is important to ensure that 90% of your P30 liability is paid by the 14th of January 2016.
This feature merely records a list of the payments made to Revenue in order to track compliance and outstanding liabilities within Thesaurus Payroll Manger and does not form part of any Revenue / ROS return created within Thesaurus Payroll Manager.
IMPORTANT NOTES
Reduced Frequency of Filing Tax Returns and Payments
Reductions in the filing and payment frequencies for VAT, PAYE/PRSI and RCT by smaller businesses have been extended to eligible customers from 1 January, 2014.
What are the benefits to eligible businesses?
The benefits are two-fold:
Improved cashflow by only having to make payments at the end of each 3, 4 or 6 monthly period, as appropriate.
Reduced costs of administration through less frequent filing of tax returns
P30 RETURNS
Form P30 is a monthly or quarterly return of PAYE, USC, Parking Levy, Local Property Tax & PRSI to the Revenue Commissioners.
The P30 is the total of:
and should be remitted to the Collector General within 14 days from the end of the income tax month during which the deductions were made.
With effect from 1 January 2009, for employers who file their returns and associated tax payments via ROS, the existing time limits have been extended to the 23rd of the month immediately following the income tax month during which the deductions were made.
Where a return and associated payment are not made electronically by the new extended deadlines, the extended time limits will be disregarded so that, for example, any interest imposed for late payment will run from the former due dates and not the extended dates.
THESAURUS PAYROLL MANAGER PAYMENT RECORD
This utility facilitates the recording of P30 payments made to the Revenue Commissioners. It is important to ensure that 90% of your P30 liability is paid by the 14th of January 2016.
This feature merely records a list of the payments made to Revenue in order to track compliance and outstanding liabilities within Thesaurus Payroll Manger and does not form part of any Revenue / ROS return created within Thesaurus Payroll Manager.
To access the Payment Record go to Reports > P30 details > P30 Payments Record
Select P30 Payments Record
Enter amount paid
Click Update
The payment record can be updated at any time.
Need help? Support is available at 01 8352074 or thesauruspayrollsupport@brightsg.com.