Year End Summary 2023-24

Year End Summary 2023-24 This guide has been designed to help you complete the necessary year end tasks for 2023-24 and move forward to start processing and reporting 2024-25 payroll information. It can be accessed at any time by clicking ‘Help – Online – End of Year Guide’ from the main menu in the Payroll…

New for 2024-25

New for 2024-25 There are a number of changes to the rules and rates that will affect payroll for 2024-25 and this guide provides details of some of them. Payroll Manager is automatically updated to include each of these changes. We would recommend that you read the latest editions of HMRC Employer Bulletin (www.hmrc.gov.uk/payerti/forms-updates/employer-bulletin/index.htm )…

Creating A Data File For 2024-25

Creating A Data File For 2024-25 Payroll Manager stores the payroll information for each tax year in a separate data file on your computer. For example, if your company is called ‘ABC Ltd’, then your payroll information for the period April 2023 to March 2024 would be contained in a file called ‘ABC Ltd 2023-24.pay’.…

Investment Zone Employer NIC relief (IZENR)

Investment Zone Employer NIC relief (IZENR) The Government has confirmed that 12 new ‘Investment zones‘ will be launched across the UK, which will include eight in England and four across Scotland, Wales and Northern Ireland. There will be certain employer National Insurance (NI) savings and tax reliefs, similar to those for Freeports. This measure allows…

Autumn Statement 2023

In his Autumn Statement on 22 November 2023, the Chancellor announced that there will be a cut in the rate of Employee National Insurance Contributions from 12% to 10%. These changes will be automatically implemented by Payroll Manager in a software update on 4th December 2023. There is nothing further that you need to do…