1. Pegasus Software
Payroll End Of Year 2017

2. Pegasus Software Payroll End Of Year 2016 Steve Power
Product Specialist

3. 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

4. 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

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

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

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

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

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

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

11. 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

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

13. 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

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

15. End of Year Procedures RTI Submissions – Service Availability

16. End of Year Procedures RTI Submissions – Service Availability

17. End of Year Procedures RTI Submissions – Service Availability

18. 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

19. 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

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

21. 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+

22. 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+

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

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

25. 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

26. 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

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

28. 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)

29. 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

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

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

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

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

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

35. 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

36. 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

37. 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

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

39. 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

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

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

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

43. 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

44. 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

45. Product Demonstration Videos

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

47. 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

48. Pegasus Software
Thank you
@PegasusSoftware

49. Pegasus Software
Payroll End Of Year 2017