Finance update

Please take the time to read through our Finance update.

MCR monthly submissions and payments
We’re currently receiving a large number of payments that aren’t matching the total in the matching submission file. It’s important that when submitting your MCR file that the totals within it and the payment you send across are the same values. 

The deadline for receiving the payment and the file submission is the 15th of the month (or the previous working day if this falls on a weekend).

EOYC FY21/22
The deadline for submitting the audited EOYC for non-LA establishments was 30 September. If you’ve not yet provided your audited EOYC form, you should do so as soon as possible. 

The Local Authority deadline is fast approaching, and all audited returns should reach us by 30 November. It’s a requirement that all employers, across all sectors making contribution payments to the Scheme, submit an audited form each financial year.

Payment of Arrears Invoices
We appreciate that some employers may be facing financial difficulty in settling invoices for arrears of contributions, and if this is the case you should contact us (This link opens in a new window) to see what options are available to assist you.

 

 

Last Updated: 01/11/2022 16:56