Tax Relief and Earnings Basis for Pension Contributions

How Tax Relief and the Earnings Contribution basis affect pension contributions If you wish to check that an employee is having the correct pension deduction made from their pay, it is important that you understand how tax relief and the earnings contribution basis affects these deductions. Tax relief: When using a Relief at Source (RAS) pension scheme…

p60

Payroll Year End 2018-19

Payroll Year End 2018-19 We have just published our year end guides for 2018-19 which take you through all of the necessary procedures (filing the last RTI for 2018-19, creating a new file, Auro Enrolment minimum pension increases etc). Please see Year End Summary 2018-19 for more details.

Making Tax Digital (MTD) for VAT

Making Tax Digital (MTD) for VAT HMRC is changing the way you submit your VAT Returns (although in practice, for users of our Money Manager software, there is very little difference). From April 2019, most VAT registered businesses with a taxable turnover above £85,000 must keep their VAT records digitally and use Making Tax Digital…

Bitdefender Safe Files

Bitdefender Safe Files Bitdefender ‘ provide antivirus/Firewall/Security software which you may have installed on your computer. One of the features of Bitdefender is an item called ‘Safe Files’, which is designed to stop applications from saving files on your computer. A number of Payroll Manager users have reported that ‘Bitdefender Safe Files’ is causing problems…

Workplace pension minimum contribution increases

Workplace pension minimum contribution increases If you have a workplace pension then you may receive communication from your pension provider informing you of the upcoming changes to minimum contribution rates, effective from April 2019. Currently (2018-19) the minimum contributions are 5% (with the employer typically contributing 2% and the employee 3%). From April 2019 the…

payroll manager

Minor cosmetic changes to Payroll Manager

Minor cosmetic display changes Over the next couple of months we will be making some minor cosmetic changes to some of the Payroll Manager display items (e.g. icons/buttons, drop-down menus, report headings). These changes are being made in order to allow us to add new features in the future, and have no affect on the…