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Bank holidays and paying your employees

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Summary

Bank holidays and payments in Sage Payroll

Description

Under RTR you must submit to revenue on or before the date you pay your employees.

There may be times when you can't pay your employees on the agreed date. This can happen when your regular payment date falls on a none banking day. For example, on a bank holiday.

Resolution

Paying early

Your normal payday falls on a non-banking day. You're going to pay your employees early on the last working day before the non-banking day. Process your payroll using your normal process date.

For example:

Your normal payday is Friday 7 April (Good Friday). You're paying your employees early on Thursday 6 April. In this scenario, use your normal process date of 07/04/2023. Process your payroll as normal. 

Paying late

You're going to pay your employees on the first working day after the bank holiday. Process your payroll using your normal process date.

In this situation, ROS recommends you send your submission early.

This means processing the payroll before the bank holiday.

Send the submission to ROS.

Pay the employees the day after the bank holiday.