NHS Pension Scheme We have updated the pension tiers for the NHS Pension Scheme for all regions for 2025/2026 in accordance with guidance received. Changes apply from 1st April 2025. To view the NHS Pension Scheme tiers and rates in use, go to Employees | NHS Pension | NHS Pension Rates and choose…
Read moreCoronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS) or Furlough Scheme ends on the 31st October 2020. The scheme will be replaced by the Job Support Scheme and the Job Support Scheme Expansion. Job Retention Bonus For every eligible employee you furloughed and claimed for through the Coronavirus…
Read moreNew Pension Rate to be used from 1st October 2022 are as follows: Please note, at the time of the release of Kashflow Payroll version 1.7.7 (20/09/2022) – NHS Scotland and Northern Ireland are yet to confirm their finalised rates and contributions. We have based the rates on initial…
Read moreThe 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 2022, the Employee Basic Contribution rate will be…
Read moreFor Employees who have been in the NHS Pension scheme prior to April 6th 2021: 1. The system will check the annual rate of pensionable pay for the tax year ending 2021/22 2. For full time employees, this will be obtained from the following: Full Time…
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 moreIt 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…
Read moreWeek 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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