I verified some Sub-Contractors for a new client on 2nd March and all came back as 20% so no problems there, the client has now sent me the payments he made to these Subbies during the period of 6th Feb up until 5th March (payment made on Friday 5th March), I have gone to submit these payments using Moneysoft and they are saying that the subbies were unmatched and to deduct 30%, they are saying they were unmatched as of 28th Feb which is fine as they were at this time, but the month for PAYE/CIS runs from 6th until the 5th so there should not have been a problem, has anyone else had this and if so is there a way of manually inputting the figures at 20% ?
Any help appreciated as always
Thanks
__________________
Doug
These are only my opinions of how I see things and therefore should not be taken as advice
It's okay I sorted it, i went back and manually changed the date of verification to Feb 28th and at 20%, not sure if that is the correct way to do it but it worked and the return is submitted.
Thanks
__________________
Doug
These are only my opinions of how I see things and therefore should not be taken as advice
Can't see an issue with what you did Doug. I had a new client, new scheme but I was waiting for CIS authorisation to come through. Knew subby would be 20% as I registered him but it won't let you do 20% until after the date verified. Fortunately i still had one week left to bung all Febs in and told client I would have to do one payslip for 3 weeks, which he was ok with. Then discovered I could go in and manually changed the 30% to 20% for the previous weeks. Doh!
__________________
John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
when I have that situation I also manually change it, but possibly in a different way. On the payments screen you can click on the tax rate column there and change the previous period to 20% and enter the verification number by copying it from the period below. Does the same job as what you've done basically.
(yet another reason that Moneysoft is almost impossible to leave behind even though they don't have an online option that would make my life so much easier)
__________________
Jenny
Responses are my opinion based on the information provided. All information should be thoroughly checked before being relied on.
Yes your way was the one I discovered after the event.
What sort of online option are you looking for? If it's for clients and employees to log in and retrieve payslips and upload stuff there is a program called mypaydashboard that allows you to do this.
__________________
John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
I'd like the whole program to be online ideally, it's the only software I have that isn't cloud based. I have looked at the paydashboard link up and it's something I would think about introducing if I had more payroll clients I think as I can see how it would be useful. I do quite a bit of CIS at the moment and unfortunately paydashboard doesn't support that.
__________________
Jenny
Responses are my opinion based on the information provided. All information should be thoroughly checked before being relied on.
