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New GP Payroll Report

A new report has been introduced to KashFlow Payroll which will show the contribution rate changes. The report is called Pension Rate Summary, and can be printed from:  Reports | GP Pension Reports | Pension Rate Summary Users will also be prompted to print the report when finalising the last…

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Employee who joined NHS Pension post April 2023

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…

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NHS Pension Changes from October 1st 2022

Changes to NHS Pension Scheme are required from 1st October 2022.  The main purpose of the changes include using actual pensionable pay instead of Whole Time Equivalent to set pension rates, and changing the pay tiers on which pension rates are determined.  These changes were originally planned to be implemented…

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How do I notify my Pension Provider an employee has opted out?

It is the employee who must contact the pension provider to inform them they wish to opt-out and get an “opt-out notice“. This opt-out notice will then be passed to the company for action in payroll, either via the employee or directly from the provider. The following contains more detailed information from…

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How do I process a Week 53?

Week 53 If you run a weekly payroll you might find you need to complete an additional period after week 52 to finish your PAYE tax year. If your normal repeating pay date falls on the 5th April you have to complete the additional period for your tax year to be…

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How to set Directorship & Directors NI Calculation

Directors If the employee is or has been, a director since 6th April then KashFlow Payroll needs to know the date that the directorship started (and ended if in the current Tax Year) and the NIC Calculation Method (National Insurance Contributions).  A director can choose to have their NICs calculated…

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NI Rate X is showing on employees P60

HMRC expects an X code to be entered if the employee’s earnings are below the Lower Earnings Limit (LEL) for national insurance, irrespective of the national insurance code allocated to the employee.

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