Payroll Cycle | Fixed Pay Calendars

Payroll Cycle | Fixed Pay Calendars

His Majesty’s Revenue and Customs (HMRC) utilises a tax calendar to organize payroll dates into defined tax weeks and months. This calendar remains consistent from year to year. The designation of tax weeks/months is determined by the actual pay date for each period.


      1. Tax Week 1 begins on April 6th and ends on April 12th. Subsequent weeks follow sequentially from this start date.

      2. Tax Fortnight 1 starts on April 6th and concludes on April 19th. Subsequent fortnights continue consecutively from this initial period.

      3. Tax Four Week 1 starts on April 6th and extends to May 3rd. Successive four-week periods commence from this starting point.

      4. Tax Months consistently commence on the 6th of the month and conclude on the 5th of the following month (e.g., Tax Month 1 spans April 6th to May 5th).


      

 

Note!
 A 53rd week will be generated for a weekly / fortnightly and four weekly pay frequency if the last pay date falls on the 5th of April or 4th and 5th of April leap year.  A 53rd week is significant for the calculation of Income Tax (PAYE) as every payslip for this special run type will be calculated on a Week 1 / Month 1 basis. The final pay date on the Company Payslip Pay Dates screen is used to identify if a company will have a 53rd week / fortnight or four week cycle.