Tables A: Pay adjustment tables 11 March 2019
Tables A: Pay adjustment tables for the 2019-20 tax year have been published which are used to manually calculate free pay for codes with the suffix L, P, T or Y (not NT) and to work out additional pay for codes with prefix K.
These tables are for the small number of employers who have an agreed exemption from online filing and who will be operating a manual payroll.
Tables A: Pay adjustment tables
Back to Contents
Taxable pay tables: Manual method 14 March 2019
The 2019-20 taxable pay tables have been published for those employers who are exempt from filing online.
The Tables B to D are intended for the small number of employers who are exempt from the requirement to file Real Time information online, to manually calculate their payroll.
Taxable pay tables: manual method
Back to Contents
The FPS replaces the Earlier Year Update 25 March 2019
From April 2020 the Earlier Year Update (EYU), a process that was introduced as part of Real Time Information (RTI), is to be replaced with a Year to Date (YTD) FPS – something that has been called for since RTI was rolled out.
The EYU enables employers to make corrections after the 19 th April, by allowing them to report the delta amounts required that correct figures submitted during the previous tax year – along similar lines to the process previously used when a P14 correction was required. Unlike P14’s however this hasn’t proven to be useful in all instances where HMRC and the employer fail to reconcile year end amounts. In this instance an EYU make be necessary – but what amounts should be reported where both the employer and HMRC believe that ‘their records’ are correct?
By enabling the submission of a YTD FPS, the reporting of year to date totals should remove the uncertainty that prevailed with EYU’s.
During 2019/2020 employers will also be able to submit a YTD FPS where their payroll software has been enabled, equally during this year the EYU can continue to be submitted.
The Software Data Support Team (SDST) has issued an update to software developers, ahead of an update being published in the Employer Bulletin, that seeks to answer some of the more frequently asked questions by the software developer community.
Late reporting reason
The Late Reporting Reason H should be used on all YTD FPS submissions which correct earlier payroll data.
This aims to bring the process in line with submissions received on or before 19th April.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 425 of 598
Made with FlippingBook - Online magazine maker