Payroll Genies
Business Services
Payroll Genies Client News
Year End
You may need to supply employee details that we require to file your year end online. The IR system has changed and will not accept your information without these details. You will be asked if this is relevant to your business. Please ensure you have Addresses, Start dates, Date of Births and National Insurance Numbers for all your employee's.
Payroll Genies will notify you in March of any details required.
Once we have run your last payroll for the year we will forward a covering letter and your copy of April 2010 Year End.
P11d's can be processed by Payroll Genies; a letter with your Year End will ask if you need us to submit your P11d information.
Easter shutdown
Payroll Genies will be closed over the Easter weekend. All payrolls will be posted out on Monday 29th March, along with your Year End figures. Due to Easter falling on Year End, Week 1 won’t be run until Tuesday 6th April.
Annual Coding: Multiple or Incorrect Coding Notices
The following message comes directly from HMRC's website:
"HMRC has recently introduced a new National Insurance and PAYE system and is using it to issue notices of tax coding for the first time. The new system creates a single record for customers and this, together with increased automation, is resulting in many more people receiving coding notices this year and having more accurate codes than before.
The transition to the new system has, however brought to light discrepancies in our existing records and this is resulting in a number of incorrect notices being issued. The vast majority of notices will be correct but there will be cases where, because the data carried over from our old systems does not match employers' data, some people receive an incorrect coding notice or more than one coding notice for the same employment because of these discrepancies. This is a transitional issue caused by data mismatches, rather than an IT issue and will be resolved once we have cleared these from the system.
We are aware of the issue and apologise for any inconvenience caused. There is plenty of time to put the codes right before the start of the tax year and we are doing everything we can to rectify the position and ensure no one pays too much tax when the new tax year starts in April 2010. However, anyone who is concerned that their code may be wrong should check it using the guidance included with the code and on our website.
If customers cannot resolve their query, they can telephone so we can ensure the right tax code is applied in time for the start of the new tax year on 6th April 2010."
VAT
VAT increased back up to 17.5% on the 1st January 2010.
Holiday Entitlement Changes
Employees are now entitled to 5.6 weeks paid annual leave, which can include Bank Holiday payments. We have calculated this for you:
| 5 day worker | 28 days per year |
| 4 day worker | 22.4 days per year |
| 3 day worker | 16.8 days per year |
| 2 day worker | 11.2 days per year |
| 1 day worker | 5.6 days per year |
Of course you can round up these days to the nearest whole or half day, but you cannot round down.
Our Services
- Reliable accurate service
- Free set up of Payrolls includes mid year set ups
- Inland Revenue Registration
- Statutory Payments and Deductions
- Processing starters and leavers
- Input of both permanent and temporary payroll changes
- Clear concise reports & security sealed payslips
- Monthly returns
- Bacs payments
- Year end filed online
- External Agency information completed
- Invoicing at point of payroll run