Glossary · UK
What is Full Payment Submission (FPS)?
The Real Time Information report an employer sends to HMRC on or before each payday, showing pay, tax and National Insurance for every employee.
Full Definition
A Full Payment Submission, or FPS, is the main payroll report an employer sends to HMRC under Real Time Information. It must be submitted on or before the date each employee is paid, and it tells HMRC how much each person has been paid and how much Income Tax and National Insurance has been deducted through PAYE. The FPS includes year-to-date figures, the employee's tax code, National Insurance category, and details such as starters and leavers. For 2026/27, employer Class 1 National Insurance is charged at 15% on earnings above the secondary threshold of 5,000 pounds a year, while employees pay 8% between the primary threshold and the upper earnings limit and 2% above it. If no payments are made in a tax month, the employer instead sends an Employer Payment Summary. Filing the FPS late, or not at all, can trigger automatic penalties from HMRC. The FPS is what keeps each employee's tax record up to date during the year and feeds the figures shown on payslips and the year-end P60.