An Employer Payment Summary (EPS) is an HMRC report used to submit adjustments or additional payroll information not included in the Full Payment Submission (FPS).
What is an Employer Payment Summary?
An EPS is part of the UK’s Real Time Information (RTI) reporting system. Employers submit an EPS when they need to report information that cannot be included in the Full Payment Submission (FPS). This may include statutory payments reclaimed, reductions, or periods with no payments to employees.
The EPS ensures HMRC receives accurate information about what an employer owes or can reclaim. It is essential for correcting or updating payroll data throughout the tax year.
Things to know
- EPS is used for adjustments not included in the FPS
- It reports statutory payment recoveries and periods of no pay
- EPS forms part of RTI reporting requirements
- Accurate submissions help avoid incorrect HMRC charges
- Employers may need to submit both FPS and EPS in the same period
FAQs
When is an Employer Payment Summary (EPS) required?
An EPS is required when employers need to report adjustments or information not included in the Full Payment Submission (FPS), such as statutory payment recoveries or periods with no employee payments.
Do employers need to submit an EPS every pay period?
No. An EPS is only submitted when there are adjustments or additional details that cannot be reported through the FPS.
Can an EPS be used to correct payroll information?
It can correct certain totals or adjustments, but some errors may require an amended Full Payment Submission instead.
When should an EPS be submitted to HMRC?
It should be submitted within HMRC’s deadline for the relevant tax month to ensure the employer’s PAYE account is updated correctly.
