For Employees who have been in the NHS Pension scheme prior to April 6th 2023: 1. The system will check the annual rate of pensionable pay for the tax year ending 2022/23 2. For full time employees, this will be obtained from the following: Full Time…
Read moreA new report has been introduced to KashFlow Payroll which will show the contribution rate changes. The report is called Pension Rate Summary, and can be printed from: Reports | GP Pension Reports | Pension Rate Summary Users will also be prompted to print the report when finalising the last…
Read moreThe following applies to: Normal Staff – paid for a single post – Employee type 1 Doctor – Assistant/Retainer (Practice is pension provider) – Employee type 5 If an employee has been added to the NHS Pension Scheme post April 6thst 2023, the Employee Basic Contribution rate will be…
Read moreUnfortunately, because of the complexities of the new calculation to set the Employee Basic Contribution rate, there are 2 scenarios where KashFlow Payroll cannot guarantee the correct Employee Basic Contribution Rate. The following scenarios will require a payroll user to double check the figures, and manually amend the Employee Basic…
Read moreCoronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS) or Furlough Scheme ends on the 31st October 2020. The scheme will be replaced by the Job Support Scheme and the Job Support Scheme Expansion. Job Retention Bonus For every eligible employee you furloughed and claimed for through the Coronavirus…
Read moreChanges to NHS Pension Scheme are required from 1st October 2022. The main purpose of the changes include using actual pensionable pay instead of Whole Time Equivalent to set pension rates, and changing the pay tiers on which pension rates are determined. These changes were originally planned to be implemented…
Read moreWelcome to release 1.4.9. This update of the software includes some new features and enhancements relating to the processing of furlough payments: Add furlough pay and associated top-ups to a payslip: use the furlough top-up payslip item Record furloughed dates for an employee Create a claim for furlough pay: setup…
Read moreNew Pension Rate to be used from 1st October 2022 are as follows: Please note, at the time of the release of Kashflow Payroll version 1.7.7 (20/09/2022) – NHS Scotland and Northern Ireland are yet to confirm their finalised rates and contributions. We have based the rates on initial…
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