As 2020 is coming to an end so are the final payroll runs. There are a few deadlines to be aware of in light of this.
Reporting and payment of payroll and withholding tax
We have previously elaborated on relevant dates in the segment on “Post Corona Cash-Flow“.
Amendments and changes to reports for 2020 after 31st December 2020?
Any changes to the reports for 2020 should be made before 3rd March 2020 at 16:00. Changes made until this point will be included in the first version of the year-end statement for the individual it concerns. Changes afterwards will result in an updated year-end statement and notification of the employee.
Interim holiday funds – 31st December 2020
Reports for the interim holiday funds are to be completed by 31st December 2020. The reported figures will serve as liability for the employer towards the Interim Holiday Fund and will be the basis for the withdrawal that the employee can make. See more on the withdrawal and the administration here.
Need help?
Should you require any assistance with the above, please do not hesitate to contact us.
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