Can anyone help. Moneysoft is great although I have one small problemo!
Ive set up a new client and done a mid year start so I can finish last year off for them. They had an employee who worked for them for the last month only - he used HMRC BAsic Tools to input the usual incoming P45 and calculated the wages to 25 March - showed a tax refund due of £800+. HMRC sent a cheque to the company before he paid it out to the employee. 3 days later the employee left. The employer then couldnt use Basic Tools as he lost his password.
So I entered the details in the last month of Moneysoft, including the extra three days pay, which given the extra tax and NI then due still showed employee is owed a refund, but slightly less! The payslip is correct, the P45 is correct, the P14 is also correct and obviously we know the amount owed to HMRC c£50 but the P35 shows tax refund due £750 (ie the difference). Clearly HMRC will be able to see (eventually) that my client isnt owed another £750 but they clearly want a P35 that is right!!
Probably not helped cos its at the end of the year, rather than in the middle!!!
I tried to adjust Moneysoft via the Tx and NI Actually Paid toolbar button - but it will not take a minus figure.
Does anyone know how I can adjust the P35??
Thanks
Chesh
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
Thank you for your response. I did as you suggested but then I had another trauma with the P35 showing we owed nothing (even though I KNEW we did!) and the P30 and employers summary saying we did! But then I keyed the amount 'zero' in the 'tax and Ni actually paid' box so its now worked. Im learning (albeit it seems slowly today!!)
I must remember to update this when it is actually paid.
Thanks again
Chesh
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
