Hi All,
one of our customers has not been using the correct PAYE/NI/Stat tables that were issued on 6/1/2024
What is the best action for them to take?
Kind regards
Conleth
HI Conleth
Do they have a backup for the Payroll that didn't include 6/1/2024?
If so, use copy company based on that dataset(assuming they use other modules and not just payroll!) and re-run payroll for each period since, and make the adjustment in pay to everyone. Not sure if there is an easy way around this as there are so many variables and NI is not cumulative.... someone else might come up with a better option, though.
Tony
Hi Conleth
They could do a manual calculation of how much they owe to each employee and then to an NI Override to reduce the EES NI by that amount in the next pay period.
Alternatively, if you use the Adjust NI option and starting from the period for 06/01/24 you can change the NI Code to X and click OK, then change it back to A and it should do the necessary calculations for you based on the current NI tables.
Thank you both. We'll let the customer make the decision as to which one they will decide to carry out.
Really appreciate the quick feedback.
