.svg)
Back to Glossary
Full Payment Submission (FPS) is a mandatory submission required by HM Revenue and Customs (HMRC) in the United Kingdom. It involves providing detailed payroll information for each pay period, including employee earnings, deductions, and taxes withheld.
Employers in the UK are required to submit an FPS to HMRC every time they pay their employees. The FPS contains information such as employee identifiers, gross pay, tax deductions, National Insurance contributions, and any other relevant details pertaining to payroll.
Examples of information included in an FPS:
FPS is essential for ensuring compliance with HMRC regulations and accurately reporting payroll information. It allows HMRC to calculate taxes owed by employees and ensures that they receive appropriate benefits and entitlements, such as pensions and state benefits.
Understanding Full Payment Submission (FPS) is crucial for UK employers to comply with HMRC requirements and accurately report payroll information. Playroll offers comprehensive solutions to streamline FPS submissions, ensuring compliance and peace of mind for businesses.
Mastering Full Payment Submission (FPS) processes is essential for businesses to fulfill their regulatory obligations and maintain smooth payroll operations. With Playroll's expertise and solutions, employers can navigate FPS submissions with confidence, ensuring accuracy, compliance, and efficiency in their payroll management.
An FPS typically includes employee identifiers, earnings, deductions, tax withholdings, and National Insurance contributions for the pay period.
Employers must submit an FPS to HMRC every time they pay their employees, typically on or before the payday.
Late or incorrect FPS filings may result in penalties imposed by HMRC, impacting the employer financially and affecting their compliance record.
Employers in the UK are required to submit an FPS to HMRC every time they pay their employees. The FPS contains information such as employee identifiers, gross pay, tax deductions, National Insurance contributions, and any other relevant details pertaining to payroll.
Examples of information included in an FPS:
FPS is essential for ensuring compliance with HMRC regulations and accurately reporting payroll information. It allows HMRC to calculate taxes owed by employees and ensures that they receive appropriate benefits and entitlements, such as pensions and state benefits.
Understanding Full Payment Submission (FPS) is crucial for UK employers to comply with HMRC requirements and accurately report payroll information. Playroll offers comprehensive solutions to streamline FPS submissions, ensuring compliance and peace of mind for businesses.
Mastering Full Payment Submission (FPS) processes is essential for businesses to fulfill their regulatory obligations and maintain smooth payroll operations. With Playroll's expertise and solutions, employers can navigate FPS submissions with confidence, ensuring accuracy, compliance, and efficiency in their payroll management.
An FPS typically includes employee identifiers, earnings, deductions, tax withholdings, and National Insurance contributions for the pay period.
Employers must submit an FPS to HMRC every time they pay their employees, typically on or before the payday.
Late or incorrect FPS filings may result in penalties imposed by HMRC, impacting the employer financially and affecting their compliance record.
.png)
Estimate how much an employee really costs. Use our free employee cost calculator to determine the true cost of employment.
Calculate Now
Explore global hiring from the Bahamas to Germany and beyond with our guides.
View Hiring Guides
Stories, insights and advice on remote work and global employment that will transform how you build teams and scale your workforce.
View Blog
Playroll is a global employment platform that enables businesses to hire around the world. Playroll was designed to elevate how you hire, onboard, manage, and pay your global workforce all while ensuring compliance, helping your teams work faster and your business accelerate growth. Scale the way you work with Playroll, built for distributed teams.
.png)
Thousands of companies across hundreds of countries Trust Playroll With Their People. You can too.
.png)
.png)
.svg)
.png)
.png)
