I can't seem to find anything set in stone online regarding what to do with payrolls that just have the Director being processed each week/month when they take a small wage. How on earth can we supply HMRC with their weekly hours and hourly rate? Will there be an option in the payroll system to deal with this?
Also one minute I'll read that an FPS must be made each time the employee is paid whether that is weekly, fornightly, four weekly or monthly and then I'll read somewhere else that the FPS must be submitted each month and then somewhere else it will mention FPS' around the same time the P32 is processed as if HMRC only need to know about how much was paid in a full motnh or quarter.
As you're using Sage, and paying an absolute fortune for them to support you, why don't you ask them these kind of questions?
Your software should specify an RTI hours worked banding that you can enter for each employee. So you enter the normal weekly hours worked by the director in the ranges 0-16, 16-30, or 30+.
I haven't seen any confusion from HMRC whatsoever about when FPS's should be filed. There is total clarity that they must be filed on or before payment. So for weekly payrolls that will be 4-5 submissions per month.
You may be confused by references to EPS's which are indeed a monthly document, but you only need to file them where there would be a P32 adjustment such as NIC Holiday, SSP Recovery, SMP Compensation, or CIS Suffered.
As you're using Sage, and paying an absolute fortune for them to support you,
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I rang Sage and HMRC and they couldn't even answer my question which is why I posted here. I'm not sure if sage didn't know or wasn't understanding the way I put the question to them. Also their attitude is almost always 'I can't be bothered'. And I have always found this forum really helpful. Sage support may be expensive but that doesn't mean its helpful.
Some of us are still new to Bookkeeping/Accounting/Payroll etc and are still learning and even the most trivial thing can seem unclear at first. Its hard enough trying to learn all the ins and outs of your profession let alone major changes that are introduced and trying to understand that alongside everything else is a mammoth task.
Also, trying to explain what you mean when you're asking a question is difficult especially when its something you don't understand in the first place.
if they hadn't said that they were not going to start fining us for a year I would have assumed that the way that we are being kept misinformed was just one big revenue gathering exercise as getting non conflicting information is like trying to get blood from a stone.
Hate to say it but I'm seeing tears before bedtime at HMRC on this one... Then again, its all geared so that they're all coated in Teflon when it comes to the post implementation finger pointing,
kind regards,
Shaun.
p.s. I thought that Toms first line was just brilliant.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
There's something wrong with our business model somewhere.
I just went to Sage's website and almost fell off my chair at the extent of their price increases.
A licence for unlimited companies on Sage 50 payroll is now a mere £250/month. Even limiting yourself to 25 companies only brings that down to £140/month.
This is what happens when you are a plc that needs to keep the shareholders happy...
Your business models great Tom and I'm hoping that 12pay are still going strong when the last person leaves the Sage building and switches the lights off for the last time... At those sort of prices implosion can't be that far off!
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
boo hiss
