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 3 April, but banks close that day. You pay employees on 2 April instead.
- Report 3 April as the pay date in your payroll submission
- Process the payroll as normal
What about the bank date?
If you pay early, update the bank date to match the actual payment date, for example, 2 April.
- 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