HMRC Postgraduate loan notice June 2020

HMRC Postgraduate loan notice –  June 2020 Some Payroll Manager users have reported that they have received notices from HMRC relating to employees who make Student Loan repayments through payroll, informing the employer they have been making ‘Postgraduate Loan deductions’ in error. These HMRC notices take a form similar to that below: Message type: Postgraduate…

Details

Cycle to work scheme

Cycle to work scheme This guide shows how to set up a ‘salary sacrifice’ deduction in Payroll Manager when an employee is making hire payments for a bicycle provided by their employer under the Government ‘Cycle to work’ scheme. You should read the Department of Transport publication ‘Cycle to work scheme – guidance for employers‘…

CJRS

Coronavirus Job Retention Scheme Claims

We have just published an update to Payroll Manager which contains reports and features designed to help should you need to make a claim for payments made to furloughed workers under the Coronavirus Job Retention Scheme (CJRS) These claims are made via an HMRC portal (which was launched on 20  April 2020). The software update…

CJRS Claim Calculation Method

CJRS Claim Calculation Method The following methodology is used by Payroll Manager to perform the various calculations required to determine claim amounts under the Coronavirus Job Retention Scheme. This methodology was issue to use by HMRC. Calculation of the Gross Pay grant per employee Take the lower of 1 and 2 below 1. £2500 (monthly)…

Details