Tax Toolkit / P35 Returns

As Revenue are now receiving pay data submissions (PSRs) each pay period in real time, employers are no longer required to submit a P35 annual return at the end of the tax year.

Revenue instead will have accumulated totals from each periodic submission made to them and will thus have a full overview of employees' pay information at the end of the year.

For assistance in completing your P35 or ordering additional P35s contact the Employer Service Helpline: Lo-call 1890 25 45 65 (Rep. of Ireland only) or + 353 - 67 - 63400 (International Callers).

Employers should take particular note of the following change involving the P60. Revenue is no longer making P60 stationery available for employers to print P60s. For the tax year 2010 and onwards all employers must print P60s on their own stationery. Specialised paper previously provided will no longer be available.

If you are making your return on ROS you must now print P60s onto your own blank stationery. A template of the Revenue P60 is available on ROS and you can print P60s onto blank stationery from this template. The P60 template is also available through Payroll Software providers.

When a balancing payment is submitted with the P35 return and it exceeds 10% of the PAYE (and Universal Social Charge)/PRSI liability due for the year, interest is chargeable on the balance from 31st July 2012.

When a balancing payment is submitted with the P35 return and it does not exceed 10% of the PAYE (and Universal Social Charge)/PRSI liability due for the year, interest is chargeable on the balance from 14th January 2013.

As an employer you may face criminal proceedings for the non-submission of a P35 return. On conviction, you will be liable to a fine of up to a maximum of €5,000 or to a term of imprisonment, or both, at the discretion of the judge.

If you fail to submit a complete P35 return by the 15th February deadline you will be liable to a penalty up to a maximum of €4,000 and you also risk a possible tax audit.

Furthermore, if you do not submit a complete P35 return on time it may cause your employees unnecessary difficulty and delay when claiming social welfare benefits.

For information related to PRSI, please Click here

Community Employment Scheme participants should be recorded under class A8 when the allowance is €352 or less per week, and class A9 when the allowance exceeds €352 per week. Supervisors on Community Employment FAS Apprenticeship Schemes are insurable at class A in the normal way.

Classes A4, A5, A6 and A7 refer to the Employer's PRSI Exemption Scheme. You must have obtained approval from the Department of Social & Family Affairs to use Classes A4, A5, A6 and A7.

It is essential that the correct PPS Number is quoted for each employee on the return. Failure to do so could cause difficulty for your employees in obtaining social welfare benefits and pension. If the PPS number is not known, the details for the employee including full name, private address and date of birth must be entered on the P35 L/T.

• Are all employees who worked for you, at any time during year, included on your return.
• Only make one entry for each employee. Add the total for each period of employment and show only the overall total.
• If you had no employees you must still file a Return - simply click in Zero employees box when you select the period you wish to file for and follow the instructions.