Paying employees early at Christmas Some employers may choose to pay their employees earlier than usual during the Christmas period. HMRC have asked that If you do pay early, then it is important that you still report the normal payment date on the FPS that you send to HMRC, and not the actual (earlier) pay…
Submission Log Payroll Manager keeps a record of all RTI returns sent to HMRC and stores these in the ‘Submission Log‘. This log also contains a record of the ‘HMRC response‘ to each successful submission, which serves as proof that RTI returns have been accepted by HMRC. Each Payroll Manager data file has its own…
The government has announced tax changes to fund £12 billion a year on average to be spent on the NHS and social care across the UK. National Insurance Contributions (NICs) will increase by 1.25% for one year for employees, employers and the self-employed from April 2022. This will cover Class 1 (employee and employer), Class 1A and…
Health and Social Care Levy A new ‘Health and Social Care Levy’ to fund investment in the NHS and social care is to be introduced from April 2022 . From April 2022, National Insurance contributions for working age employees, self-employed people and employers will increase by 1.25% and will be added to the existing NHS…
We have recently published guides to help with payroll year end 2020-21. See Year End Summary 2020-21 for more details.
Creating A Data File For 2021-22 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 2020 to March 2021 would be contained in a file called ‘ABC Ltd 2020-21.pay’.…
Filing the last RTI return for 2020-21 HMRC require that the last RTI return for 2020-21 is marked as being the ‘Final Submission for Year’ (which Payroll Manager will automatically do for you via an EPS return). At year end you should file your FPS as usual on or before the final pay date of…
Year End Summary 2020-21 This guide has been designed to help you complete the necessary year end tasks for 2020-21 and move forward to start processing and reporting 2021-22 payroll information. It can be accessed at any time by clicking ‘Help – Online – End of Year Guide’ from the main menu in the Payroll…
Car benefits – Data Input & Calculation 2021-22 This guide explains how to enter details of company cars provided to employees during the tax year 2021-22 and shows how the benefit of such cars are calculated. If you are calculating benefits for a car provided in tax year 2020-21 then you should refer to our…
National Insurance contributions relief for employers who hire armed forces veterans In the spring budget of 2020, the Chancellor announced the introduction of a National Insurance holiday for employers that hire former members of the UK regular armed forces. The holiday will exempt employers from any National Insurance contributions liability on a veteran’s salary up…