Pegasus Software Payroll End Of Year 2016 Ivy Limited

Agenda Changes for completion of the 2015/2016 EOY End of Year Procedures Changes for the Tax Year 2016/2017 Legislation Changes Starting the 2016/2017 Tax Year Opera 3 Payroll Enhancements

Payroll End of Year 2016 Version numbers for the 2015/2016 releases Opera II – Version 7.50 Opera 3 – Version 2.30 Capital Gold – Version 4.01 Pegasus Online Filing Manager – Version 3.60 When should you apply this upgrade? Documentation

Payroll End of Year 2016 Documents for the Payroll End of Year 2015/2016

Changes prior to 2015/16 EOY Options for printing P60s Post upgrade

Changes prior to 2015/16 EOY Options for printing P60s Post upgrade

Changes prior to 2015/16 EOY HMRC Stationery Order Line Ordering P60s

Changes prior to 2015/16 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 – v7.50 / Opera 3 – v2.30 Upgrade Online Filing Manager – v3.60 Complete your normal Payroll processing EXCLUDING the final Update Calculation 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

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 2015/2016 Check Service Availability

End of Year Procedures RTI Submissions – Service Availability

End of Year Procedures RTI Submissions – Service Availability

End of Year Procedures RTI Submissions – Full Payment Submission Create & send the final FPS for 2015/2016 Check Service Availability RTI Submissions – Employer Payment Summary Create & send the final EPS for 2015/2016 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? Login to your account in HMRC Earlier Year Update option Correcting RTI Submissions

Changes for Tax Year 2016/2017 Income Tax Bandwidths 2015/162016/17 Basic Rate – 20%£0 - £31,785£0 - £32,000 Higher Rate – 40%£31,786 - £150,000£32,001 - £150,000 Additional Rate – 45%£150,001+

Changes for Tax Year 2016/2017 Scottish Rate of Income Tax (SRIT) Rest of UK income tax reduced by 10% in Scotland Scottish Rate of Income Tax (SRIT) set to 10% SRIT Tax Payers will have a Tax Code prefix of “S” e.g. ‘1100L’ will become ‘S1100L’

Changes for Tax Year 2016/2017 Income Tax Personal Allowances 2015/162016/17 £10,600£11,000 £10,660*£11,000 * Born before 5 th April 1938

Changes for Tax Year 2016/2017 Changes in Tax Codes 2015/162016/17 Uplift “L” Tax Code1060L1100L Emergency Tax Code1060L1100L

Changes for Tax Year 2016/2017 National Insurance Bandwidths – Weekly 2015/162016/17 Lower Earnings Limit£112 Secondary Threshold£156 Primary Threshold£155 Upper Earnings Limit£827

Changes for Tax Year 2016/2017 National Insurance Contributions – Employee (Primary) Earnings per weekNIC Rate % Below £112 (LEL)0 £112 to £155 (PT)0 £155 to £815 (UEL)12 Above £8152

Changes for Tax Year 2016/2017 National Insurance Contributions – Employer (Secondary) Earnings per weekNIC Rate % Below £156 (ST)0 Above £

Changes for Tax Year 2016/2017 New NI Category Letter – H Employers pay reduced NI for apprentices under 25 New NI Threshold Apprentices Upper Secondary Threshold (AUST) AUST aligned to UEL in 2016/2017

Changes for Tax Year 2016/2017 Employer’s National Insurance Contributions – Apprentices Under 25s Earnings per weekNIC Rate % Below £112 (LEL)0 £112 to £156 (ST)0 £156 to £815 (UEL)0 £815 to £815 (UST)0 £815 to £815 (AUST)0 Above AUST13.8

Changes for Tax Year 2016/2017 National Insurance Contributions – Employee (Primary)

Changes for Tax Year 2016/2017 National Insurance Contributions – Employer (Secondary)

Changes for Tax Year 2016/2017 Statutory Payment Rates (SSP/SMP/SAP/ShPP/SPP) Weekly Rate 2015/16 Weekly Rate 2016/17 Statutory Sick Pay£88.45 Statutory Maternity Pay£ Statutory Adoption Pay£ Shared Parental Pay£ Statutory Paternity Pay£139.58

Changes for Tax Year 2016/2017 Student Loan – Plan /162016/17 Threshold£17,335£17,495 Student Loan – Plan /162016/17 Threshold–£21,000

Changes for Tax Year 2016/2017 Pensions Auto Enrolment 2015/162016/17 Auto Enrolment Threshold £10,000 Qualifying Earnings – Lower Threshold £5,824 Qualifying Earnings – Upper Threshold £42,385£43,000

Changes for Tax Year 2016/2017 Employment Allowance 2015/162016/17 Annual Value£2,000£3,000

Changes for Tax Year 2016/2017 Payrolling of Benefits in Kind in Real Time Most Benefits in Kind can be processed in the Payroll No annual P11D to employees Register with HMRC before end 2015/16 Tax Year

Changes for Tax Year 2016/2017 Attachment Orders New Higher Rate Direct Earnings Attachment Scottish Court Orders

Changes for Tax Year 2016/2017 Minor changes Company car fuel type ‘E’ no longer valid Female state pension age rising more quickly Removal of Contracting out of the State Second Pension

Changes for Tax Year 2016/2017 New NI Category Conversions Current NI CategoryNew NI Category DA EB IM KM LA

Changes for Tax Year 2016/2017 Minor changes Company car fuel type ‘E’ no longer valid Female state pension age rising more quickly Removal of Contracting out of the State Second Pension NEST Contribution Files Separate files for held onto contributions Contribution Frequency Payment Exception Reasons

Changes for Tax Year 2016/2017 Changes to the Full Payment Submission (FPS) NI Category Letters Pensions Flexible Draw Down / Death Benefit Scottish Rate of Income Tax Late PAYE Reporting Reason Codes Changes to the Employer Payment Summary (EPS) Questions & Declarations Form

Changes for Tax Year 2016/2017 EPS – Questions & Declarations

Setting up for 2016/2017 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

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Payroll & HR Introducing Auto-enrolment Implementing Auto-enrolment Salary Sacrifice Payroll Self Service Payslips / P60s Timesheets Credit Management Debt Management

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

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