The P35 Deadline is 14th February 2014
Important Points to Note:
- 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
- All employees who worked for you, at any time during year must be included on your return
- Even if you had no employees you must still file a P35 Return
- Only one entry for each employee
Interest on P35 Balances
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 2013.
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 2014.