You can use the EPS to report values to HMRC that you can't include in your full payment submission (FPS). The values that are sent in the EPS affect the payments you make to HMRC on a monthly or quarterly basis. Let's take a look.
TIP: Use our handy guide if you need to Submit the full payment submission (FPS).
Prepare for submitting an EPS
TIP: Tax months run from the 6th of one month to the 5th of another, for example 6 April to 5 May.
You can only submit an EPS from the 20th of the current month until the 19th of the following month. E.g. Month 1 submissions can be done between the 20th of April and the 19th of May.
Check the P32 - Employer Payment Record report
- Click Reports then click Period End.
- Click Form - P32 Employer Payment Record then click Preview.
- Enter the tax month that you need to run the P32 for then click OK.
- If there's any values on lines 6 to 14, you need to submit an EPS.
NOTE: If you forget to submit your EPS, you can add the values to the next submission because it's a cumulative submission.
Process a refund of tax or NI liability
If you're due a refund from HMRC for your tax or NI liability, you can receive this refund directly to your bank account via BACS. You need to submit your bank account details via the EPS so HMRC can make the refund:
- On the Company navigation bar, click Settings.
- Click the Bank tab then enter your bank account details.
- Select the Use this account for HMRC refunds in the EPS check box.
- Click OK.
Submit the EPS
Watch the video
Follow the steps
There are different scenarios where you may need to submit the EPS. You may need to adjust your payment to HMRC because you have statutory payments to recover and any related NI compensation. You may also need to let HMRC know that there's no payment due for this month, previous months or future months.
Select the statement that's relevant to the EPS submission you’re making: