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I’m expecting a payment - when will it arrive?

Employment Allowance is a government initiative which allows eligible businesses to reduce their National Insurance contributions bill by up to £5,000 each tax year. It’s designed to help smaller businesses by reducing the cost of employing staff.

  • Faster Payments These are generally processed immediately and the money will arrive in your account within minutes. Some banks can take up to two hours to process Faster Payments so they might take longer to arrive.

  • Bacs If you’re expecting a Bacs transfer, it will take up to three days for the money to arrive in your account.

  • CHAPS CHAPS stands for Clearing House Automated Payment System. These payments are usually for high-value transactions like buying a property or car. When we receive a CHAPS payment before 3pm, it will arrive in your account on the same working day between 4:10pm and 7:10pm.

Any CHAPS payments received after 3pm will arrive in your account after 4.10pm on the next working day.Admin > Payroll > Payroll Settings > Employment allowance

If you're expecting a payment and the money hasn't arrived within these timescales, let us know and we'll do our best to help. In the app, go to Support to send us a message.

How do I check if I’ve claimed the Employer Allowance?

On Tide on the web, head to: Admin > Payroll > Payroll settings, and you’ll see the status:

  • Unclaimed – if the Employer Allowance hasn’t been claimed yet, simply click Claim

  • Claimed – if you’ve already claimed it through Tide Payroll

  • Different provider – if you’ve used another payroll software or provider to make the claim. In this case, please contact your other provider - this information won’t sync to Tide Payroll

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Searching our help articles is usually the quickest and easiest way to get answers. If you still can't find what you’re looking for, contact us in-app or via hello@tide.co