Pegasus Software Payroll End Of Year 2017

Pegasus Software Payroll End Of Year 2016 Steve Power Product Specialist

Agenda Changes for completion of the 2016/2017 EOY End of Year Procedures Changes for the Tax Year 2017/2018 Legislation Changes Starting the 2017/2018 Tax Year Opera 3 Payroll Enhancements

Payroll End of Year 2017 Version numbers for the 2016/2017 releases Opera II – Version 7.60 Opera 3 – Version 2.40 Capital Gold – Version 4.03 Pegasus Online Filing Manager – Version 3.70 When should you apply this upgrade? Documentation

Payroll End of Year 2017 Documents for the Payroll End of Year 2016/2017

Changes prior to 2016/17 EOY Options for printing P60s Post upgrade

Changes prior to 2016/17 EOY Options for printing P60s Post upgrade www.gov.uk www.bsd-online.co.uk/pegasus

Changes prior to 2016/17 EOY HMRC Stationery Order Line Ordering P60s

Changes prior to 2016/17 EOY HMRC Stationery Order Line Ordering P60s

Changes prior to 2015/16 EOY Options for printing P60s Opera 3

End of Year Procedures Backup Opera II / Opera 3 Upgrade to Opera II – v7.60 / Opera 3 – v2.40 Upgrade Online Filing Manager – v3.70 Complete your normal Payroll processing EXCLUDING the final Update Calculation Print the Payslips Payroll Summary Reports / To-Date Summary Reports P32 Processing ensuring funding & payments are correct

End of Year Procedures EOY / Special Reports P60 End of Year Returns Print P35 Substitute Pay / Ded List Advanced Pay / Ded List

End of Year Procedures Is the Payroll linked to the Nominal Ledger? Run the N/L Analysis command Is the Payroll linked to the Cashbook? Run the Cashbook Transfer command Are the employees paid by BACS? Run the Payment Reports / Produce & List BACS command

End of Year Procedures RTI Submissions – Full Payment Submission Create & send the final FPS for 2016/2017 Check Service Availability

End of Year Procedures RTI Submissions – Service Availability www.gov.uk

End of Year Procedures RTI Submissions – Service Availability www.gov.uk

End of Year Procedures RTI Submissions – Service Availability www.gov.uk

End of Year Procedures RTI Submissions – Full Payment Submission Create & send the final FPS for 2016/2017 Check Service Availability RTI Submissions – Employer Payment Summary Create & send the final EPS for 2016/2017 Payroll Update Run the Update routine for the final Pay Period End of Year Cleardown

End of Year Procedures Final Checks Utilities / Set Options – Current Tax Year Utilities / Calendar – Current Tax Year Utilities / PAYE/NI/Stat. Payments Utilities / Set Options – Small Employers Relief Processing – Employee Tax Codes

Made a mistake? Correcting RTI Submissions Login to your account in HMRC Earlier Year Update option

Changes for Tax Year 2017/2018 Income Tax Bandwidths – Rest of the UK 2016/17 2017/18 Basic Rate – 20% £0 - £32,000 £0 - £33,500 Higher Rate – 40% £32,001 - £150,000 £33,501 - £150,000 Additional Rate – 45% £150,001+

Changes for Tax Year 2017/2018 Income Tax Bandwidths – Scotland 2016/17 2017/18 Basic Rate – 20% £0 - £32,000 £0 - £31,930 Higher Rate – 40% £32,001 - £150,000 £31,931 - £150,000 Additional Rate – 45% £150,001+

Changes for Tax Year 2017/2018 Income Tax Personal Allowances 2016/17 2017/18 £11,000 £11,500

Changes for Tax Year 2017/2018 Changes in Tax Codes 2015/16 2016/17 Uplift “L” Tax Code 1100L 1150L Emergency Tax Code

Changes for Tax Year 2017/2018 National Insurance Bandwidths – Weekly 2016/17 2017/18 Lower Earnings Limit £112 £113 Secondary Threshold £156 £157 Primary Threshold £155 Upper Earnings Limit £827 £866

Changes for Tax Year 2017/2018 National Insurance Contributions – Employee (Primary) Earnings per week NIC Rate % Below £113 (LEL) £113 to £157 (PT) £157 to £866 (UEL) 12 Above £866 2

Changes for Tax Year 2017/2018 National Insurance Contributions – Employer (Secondary) Earnings per week NIC Rate % Below £157 (ST) Above £157 13.8

Changes for Tax Year 2017/2018 NI Category Letters – M / Z & H Employers pay reduced NI for employees aged under 21 NI category Letter – M / Z Upper Secondary Threshold (UST) Employers pay reduced NI for apprentices under 25 NI Category Letter – H Apprentices Upper Secondary Threshold (AUST) UST & AUST aligned to UEL in 2017/2018 (£866)

Changes for Tax Year 2017/2018 Apprenticeship Levy Applies to all UK employers with a pay bill > £3m Levy Rate will be charged at 0.5% of the annual pay bill Levy Allowance of £15,000 each tax year Companies with multiple PAYE schemes must share the Allowance across these schemes Included in the Employer Payment Summary (EPS) Paying the Levy Paid in full for the tax month & is included in the Tax, NI & Student Loan payment

Changes for Tax Year 2017/2018 Apprenticeship Levy – Software Changes

Changes for Tax Year 2017/2018 Apprenticeship Levy – Software Changes

Changes for Tax Year 2017/2018 Apprenticeship Levy – Software Changes

Changes for Tax Year 2017/2018 Apprenticeship Levy – Software Changes

Changes for Tax Year 2017/2018 Apprenticeship Levy – Software Changes

Changes for Tax Year 2017/2018 Statutory Payment Rates (SSP/SMP/SAP/ShPP/SPP) Weekly Rate 2016/17 2017/18 Statutory Sick Pay £88.45 £89.35 Statutory Maternity Pay £139.58 £140.98 Statutory Adoption Pay Shared Parental Pay Statutory Paternity Pay

Changes for Tax Year 2017/2018 Student Loan – Plan 1 2016/17 2017/18 Threshold £17,495 £17,775 Student Loan – Plan 2 2016/17 2017/18 Threshold £21,000

Changes for Tax Year 2017/2018 Pensions Auto Enrolment 2016/17 2017/18 Auto Enrolment Threshold £10,000 Qualifying Earnings – Lower Threshold £5,824 £5,876 Qualifying Earnings – Upper Threshold £43,000 £45,000

Changes for Tax Year 2017/2018 Employment Allowance 2016/17 2017/18 Annual Value £3,000

Changes for Tax Year 2017/2018 Payrolling Company Car Benefits Include Company Car Benefits in the FPS Register with HMRC before end 2016/17 Tax Year

Changes for Tax Year 2017/2018 Payrolling Company Car Benefits – Software Changes

Changes for Tax Year 2017/2018 Advanced Payments & Deductions List

Changes for Tax Year 2017/2018 Advanced Payments & Deductions List

Changes for Tax Year 2017/2018 Advanced Payments & Deductions List Sort by Employee / Department / Gender Select Gender Period & Year From / To Payment & Deductions Types Send to Excel Why is this important Gender pay gap reporting

Setting up for 2017/2018 Tax Year Take a Backup Update PAYE / NI / Stat. Payments Table From UDS From Copy Statutory Rates Check this data is correct Final Checks Small Employers Relief Check Employee Details

Product Demonstration Videos

Product Demonstration Videos Opera 3 Payroll & HR Introducing Auto-enrolment Implementing Auto-enrolment Salary Sacrifice Payroll Self Service Email Payslips / P60s Timesheets Credit Management Debt Management

Product Demonstration Videos Pegasus Business Cloud Rectify Allocations Landed Costs Retrospective Debtors & Creditors Scheduler & Notification Services Document Management Stocktake Open Period Accounting XRL Pegasus Construction Industry Solutions

Pegasus Software Thank you www.pegasus.co.uk @PegasusSoftware

Pegasus Software Payroll End Of Year 2017