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Morecambe_Red · 30-05-2009, 19:05

speaking with my other hat on (an accountant when not supporting the Shrimps) it would seem from looking at the figures that the admitted debt of circa £300,000 for P.A.Y.E. must be around a full years liability.
P.A.Y.E. is payable on the 19th of each month for P.A.Y.E. and NI up to the 5th of that month.
In other words the alarm bells should have been ringing in your treasurers dept sometime last year when it must have been obvious that a huge liability was starting to accrue.

30-05-2009, 19:05	#102
Morecambe_Red Full Member+ Join Date: Mar 2005 Location: Sunny Morecambe Posts: 554 Liked: 78 times Rep Power: 3166	Re: Winding up proceedings speaking with my other hat on (an accountant when not supporting the Shrimps) it would seem from looking at the figures that the admitted debt of circa £300,000 for P.A.Y.E. must be around a full years liability. P.A.Y.E. is payable on the 19th of each month for P.A.Y.E. and NI up to the 5th of that month. In other words the alarm bells should have been ringing in your treasurers dept sometime last year when it must have been obvious that a huge liability was starting to accrue.