PAYE52040 - Employer returns: employer return forms: form P35(PS)

Form P35(PS) is a return completed by trustees of an approved profit sharing scheme.

Note: It is proper only to scheme type PSS.

»Ê¹ÚÌåÓýappy must be completed and submitted to the Processing Office no later than 19 May following the end of the tax year.

Form P35(PS) may include the following

  • A summary of amounts due and paid
  • Trusteesâ€� declaration
  • Participant's name
  • Tax deducted from each participant

Additional information

  • National Insurance Contributions (NIC) are not payable
  • Each form P14 must show the letter ‘Xâ€� in the ‘NI Contribution Table letterâ€� box

Also see PAYE20145.