The following applies to: Normal Staff – paid for a single post – Employee type 1 Doctor – Assistant/Retainer (Practice is pension provider) – Employee type 5 If an employee has been added to the NHS Pension Scheme post April 6thst 2023, the Employee Basic Contribution rate will be…
Read morePlease note, whilst every effort has been made to ensure this information is correct, please check with HMRC if unsure. Income Tax Tax Bands rest of UK Rate Band(£) 20% 0 – 37,500 40% 37,501 – 150,000 45% Over 150,000 Tax Bands Wales Rate Band(£) 20% 0 – 37,500…
Read moreUnfortunately, because of the complexities of the new calculation to set the Employee Basic Contribution rate, there are 2 scenarios where KashFlow Payroll cannot guarantee the correct Employee Basic Contribution Rate. The following scenarios will require a payroll user to double check the figures, and manually amend the Employee Basic…
Read moreWelcome to your software update for Tax Year 2020/2021. This update of the software includes some new features and enhancements, together with any necessary legislative changes. These notes provide information on all the improvements to the software. For details of changes to Rates and Allowances, click here. P60 changes and…
Read moreFollowing the Autumn Statement by the Government, a reduction to most NI rates was introduced from January 6th 2024 This included a new blended rate for Directors Further Information can be found here: Changes to National Insurance contributions from 6 January 2024 – GOV.UK (www.gov.uk) Rates:
Read moreWelcome to release 1.4.9. This update of the software includes some new features and enhancements relating to the processing of furlough payments: Add furlough pay and associated top-ups to a payslip: use the furlough top-up payslip item Record furloughed dates for an employee Create a claim for furlough pay: setup…
Read moreWelcome to your October update for Tax Year 2024/2025. This update of the software includes some new enhancements, and necessary legislative changes. These notes provide information on improvements to the software. NHS Pension Scheme – Scotland We have implemented changes to the Scotland contribution rates and tiers (Table 1 and…
Read moreWelcome to KashFlow Payroll Release 1.5.1. This update of the software concerns the support for the latest changes to furlough legislation from HMRC in KashFlow Payroll, making it easier to calculate what you can claim back from the government, using the Coronavirus Job Retention Scheme. Further information can be found here. The Coronavirus…
Read moreSee how IRIS KashFlow works with your business and your books
