National Insurance Contributions (NICs) in 2022-23 In most tax years the ‘Primary Threshold (PT)’, the level of earnings at which an employee starts making National Insurance Contributions (NICs), remains the same throughout the year. The tax year 2022-23 is unusual in that the PT increases part way through the year (from 6 July 2022), affecting…
Payroll corrections and RTI returns If you discover an error in your payroll after the Full Payment Submission (FPS) has already been sent to HMRC (e.g. you entered an incorrect amount of pay or omitted the leaving date for an employee) , then in order to resolve this issue HMRC require that the next regular…
What to do if HMRC have the wrong figures If HMRC have the wrong figures for what the employer owes, or what an employee has earned, then there are three things to check: the data entered into Payroll Manager the data sent by Payroll Manager in the RTI returns the data held by HMRC In…
National Insurance categories and rates Employers use an employee’s National Insurance category letter when they run payroll to work out how much National Insurance they both need to contribute. Most employees are assigned NI category letter A. The NI letter is primarily determined by the age of the employee. Employees aged between 21 and State…
Freeports Employer NIC relief As part of the government’s work to ‘level up’ and boost economic activity, they aim to create a number of ‘Freeports’ to generate employment opportunities in some of the most deprived communities across the UK. One of the benefits to employers that operate within a Freeport location will be a reduction…
Car benefits – Data Input & Calculation 2022-23 This guide explains how to enter details of company cars provided to employees during the tax year 2022-23 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…
How to proceed after restoring or reverting to a previous copy of a payroll data file Sometimes you may need to go back to a previous, older copy of a payroll data file (e.g. if your file has become corrupted, or if your computer has broken down). This might be your own backup copy, or…
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…
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 2022-23 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…
