What you need to do
Under real-time reporting (RTR), you need to submit payroll to Revenue on or before the pay date. The only exception is when the normal pay date falls on a bank holiday.
When this happens:
- Pay employees on the previous working day so funds reach them before the bank holiday
- Keep the normal pay date in your payroll submission. Don't change it to the earlier payment date
Example
Your normal pay date is 26 December, but banks close that day. You pay employees on 24 December instead.
- Report 26 December as the pay date in your payroll submission
- Process payroll in period 12 as normal
What about the bank date?
If you pay early, update the bank date to match the actual payment date, for example, 24 December.
- If you use e-banking, the execution date in the file needs to match the actual payment date
- Sage 50 Payroll Ireland lets you change the bank date when you create the e-banking file