National Insurance contributions relief for employers who hire armed forces veterans

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…

Options Pension Scheme

Options Use this guide to setup Payroll Manager to work with Options. 1. Entering the Duties Start Date. 2. Adding Pension Scheme details. 3. Assessing the workforce. 4. Adding Employees and setting pension contributions. 5. Sending letters to employees. 6. Producing CSV upload files to send to the pension provider. 1- Duties Start Date Every employer…

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 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)…