InPay V5.0 Release Notes

Contents

Pension Enrolment

Benefits

Year End & New Financial Year

All statutory data for the 2018/19 financial year has been added to the system, for further details of the 2017/18 Year End process please click here   

Pension Enrolment

A new screen has been added which will allow Eligible workers to be enrolled onto a Pensions Scheme. A list of all workers that are Eligible will be populated in the To Enroll box (this will match the list of worker's shown as Eligible in the Basic Pension export).  Selecting a Pension Scheme from the list, entering the Employee and Employer percentage (this is not required if it is a basic scheme) and selecting the workers will allow their enrollment by clicking the arrow.

This functionality will largely replace the current requirement to export the Basic Pension export to assess workers. 

Benefits

From 2018/19 it is Mandatory that the HMRC are informed via the FPS of any Cars that are being entered as a Benefit in Kind through the payroll. If the worker has any Benefit in Kind related pay (see Company → Pay Elements screen) then InPay will automatically populate the FPS with information from this screen when added or amended and on the worker's first submission of each tax year.  



Pension Payroll Reference Period For Payrolls Paid in Arrears

Following guidance from The Pension Regulator there has been a slight change in how workers are assessed. The calculation of Qualifying Earnings remains the same, however the start and end Date of the period used for the assessment (PRP) are based on the period the Pay Date falls in. So for example a pay period 28 Mach 2017 to 3 April 2017 to be paid on the 8 April will have a PRP of 4 April to 10 April.

For convenience the worker's current PRP is shown through the Pay -> Pensions screen

Salary Sacrifice

A new field has been added to the Company → Pay Elements screen to mark a Pay Element as Salary Sacrifice (the pay element must be a Nicable, Taxable Payment) 

Ticking this will allow the user to set the record as Reducing Balance and Select an Amount outstanding through the Pay -> Payments screen

A new report has been added called Employee → Salary Sacrifice

Loan Deductions

Enhancements have been made to allow the re-use of pay elements for Loan deductions through the Pay -> Deductions screen. The Employee → Loans report has also been enhanced.