P800 forms – week 53 payments in tax year 2023-24 If you have employees that were paid weekly on a Friday then they may have received a ‘Week 53’ payment in 2023-24, which is quite normal. Because of the way that HMRC calculate tax for ‘week 53’ payments, then this may mean that an employee…
Construction Industry Scheme (CIS) Details of how Payroll Manager handles each aspect of CIS are given in the sections below: 1. Adding a new subcontractor 2. Verifying a subcontractor 3. Recording payments to Subcontractors 4. CIS Payment and Deduction Statement 5. CIS 300 Monthly return 1. Adding a new subcontractor From the main menu in…
9 May 2024 HMRC has recently made changes to it’s online service. This means that if you’re using Windows 8, Windows 8.1, Server 2008, Server 2012 or 2012R2 on your computer, you won’t be able to submit online returns to HMRC via Payroll Manager. On 9 May 2024 HMRC removed support for ‘CBC ciphers’, which…
Payroll Year End 2023-24 We have published a series of guides to help you with the Payroll Year End process for 2023-24. These include a guide on sending your final RTI return for the year, as well as instructions as to how to move forward and start processing payroll for 2024-25. Please see Year End…
The Chancellor announced a reduction in the main rate of Employee’s (primary) class 1 contribution rates from 10% to 8% effective from April 2024. This change has been implemented via a software update to Payroll Manager. The update was published on 11 March 2024.
Car benefits – Data Input & Calculation 2024-25 This guide explains how to enter details of company cars provided to employees during the tax year 2024-25 and shows how the benefit of such cars are calculated. If you are calculating benefits for a car provided in tax year 2023-24 then you should refer to our…
Holiday Pay for irregular hours and part-year workers (from April 2024) The Government has made changes to the Working Time Regulations relating to holiday entitlement and holiday pay calculations for ‘Irregular Hours’ and ‘Part-Year’ workers, which apply to holiday leave years from 1 April 2024. These changes mean that employers with these types of employees…
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…
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…
National Insurance Contributions (NICs) in 2023-24 In his Autumn Statement on 22 November 2023 the Chancellor announced that there would be a decrease in the rate of Employee National Insurance, from 12% to 10%, effective from 6 January 2024. A Payroll Manager software update will apply these changes automatically. This short guide is designed to…