Moneysoft now working from home

We are now working from home Due to the Coronavirus situation we have had to close our offices for the foreseeable future and are now working from home – but other than this, business continues as usual. If you require software support then please use the Support section of our website. We update articles and…

Furloughed workers

Furloughed workers If you cannot maintain your current workforce because your operations have been severely affected by coronavirus (COVID-19), you can furlough employees and apply for a grant that covers some of their usual wage costs.  The Government are calling this the Coronavirus Job Retention Scheme (CJRS). GOV.UK guidance states that the employer (or their…

Coronavirus/Covid-19 FAQ

Coronavirus / Covid-19 FAQ The Government continue to introduce new measures and legislation in response to the Coronavirus / Covid-19 situation. As you will appreciate, things are very fast moving and the guidance is changing day by day. We will endeavour to update this page on a regular basis as and when new information becomes…

Lay-offs and short-time working

Lay-offs and short-time working ‘Guarantee Pay’ and ‘Lay-off pay’ are payments that employees may be entitled to during periods of short time working. Please see the GOV.UK guide on Lay-offs and short-time working for details of eligibility and amounts. This type of pay cannot be reclaimed by the employer, and as such there is no specific…

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Payroll Year End, Sick Pay, Working from home

We have recently published guides to help with Payroll Year End 2019-20, Sick Pay (including changes in response to the Coronavirus situation), and ‘Working from Home‘. Please see the ‘Support‘ section of our website for further information. We have been receiving lots of emails regarding the payment of SSP and the coronavirus/Covid-19. We would ask…

Average Pay for holiday calculations

Average Pay for holiday calculations Almost all workers are entitled to 5.6 weeks paid holiday each year. This includes agency workers, workers with irregular hours and workers on zero-hours contracts. Where a worker has fixed hours and is paid a salary, they continue to receive their salary whilst on leave. However, where workers undertake regular…

Statutory Parental Bereavement Pay (SPBP)

Statutory Parental Bereavement Pay (SPBP) The Government introduced a new entitlement to Parental Bereavement Leave and Pay (SPBP) in April 2020. This provides parents who lose a child or suffer a stillbirth with an employment right to take two weeks off work. Eligible parents are entitled to two weeks’ statutory pay. There are a number…

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Budget 2020

The Chancellor’s Budget statement was made on 11 March 2020. We expect to be able to publish an update to Payroll Manager in the week commencing 16 March 2020 to enable the software to create and process payroll data files for tax year 2020-21.

Redundancy and Termination payments

Redundancy and Termination payments This guide shows how to enter redundancy / termination payments (i.e. payments made when an employee’s employment is terminated) into Payroll Manager. It does NOT cover ‘Payments in Lieu of Notice (PILONs)’, which are treated the same as any other pay (i.e they are subject to tax and NIC). HMRC rules…