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From April 2019, postgraduate loan deductions will be taken from salary in the same way the student loan deductions are currently. Loans will be deducted at 6% on earnings above the £21000 per annum threshold. For further guidance please see the HMRC website.

Loans will form part of the starter declarations and can be entered through the Employee ->Starter → Starter screen the Employee → Starter Declaration screen or imported with the Employee Starter importer importer .

Two additional options have been added to the Processing → HMRC Data Retrieve screen (PGL1 and PGL2). Which match the existing Student Loans functionality for starting and stopping student Student Loans.

The name of the Pay → Student Loan screen has been changed to Pay → Statutory Loans and both loan types can be started and stopped accordingly.

Welsh Tax Codes

As per legislation InPay will allow Welsh tax codes (prefixed with a C) and calculate tax accordingly. For 2019/20 the rates will be the same as the standard UK rates.  

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A field has been added to the Employee → the Company → General screen which will automatically postpone new starters for 3 months or 12 weeks weeks.

Gender Pay Gap Reporting

The ability to record and report to fully comply with Gender Pay Reporting regulations has been added to the system  Full details can be found here Gender Pay Gap .

Worker Type and Daily/Hourly Rate

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The current Hourly Rate will continue to show through the Pay → Payments screen as it does currently.

The Company → Pay Elements screen has been amended to allow Payment elements to be set based on the daily or hourly rate, there is also the opportunity to associate a factor against the pay element.

Once selected these rates will be automatically populated on any one off payment imports where only the number of hours is declared, the same applied through the timesheet grid and the Pay → Adjustments screen.

Rate settings can be selected through the Rate Calculation & Absence section of the Company →General → General screen.

Reporting Change

On the reporting screen the pay period field is automatically populated with a 0 upon selecting a report.

Percentage Deductions

A new screen for percentage deductions has been added.

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Please see the documentation in the following link Percentage Deductions 

 

 

 

 

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