Difference between revisions of "How to amend your payroll tax bands"

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*Over type the existing upper and lower limits with the ones outlined in the email from Catalyst Software Support (If you have not received this email contact Software Support on support@catalyst-uk.com or call 0116 2301500).  
 
*Over type the existing upper and lower limits with the ones outlined in the email from Catalyst Software Support (If you have not received this email contact Software Support on support@catalyst-uk.com or call 0116 2301500).  
 
{{Note|text=Leave Tax Rate 40% set to a zero upper limit, as the system will automatically tax earnings at {{DataValue|40%}} if they exceed the upper earnings limit.}}   
 
{{Note|text=Leave Tax Rate 40% set to a zero upper limit, as the system will automatically tax earnings at {{DataValue|40%}} if they exceed the upper earnings limit.}}   
*The basic rate should still be 22% and the Overriding Regulatory Limit should still be 50% (K Codes).
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*The basic rate should still be 20% and the Overriding Regulatory Limit should still be 50% (K Codes).
 
*Tap {{KeyPress|Esc}} once you have entered the new bands to save the changes.
 
*Tap {{KeyPress|Esc}} once you have entered the new bands to save the changes.
  

Revision as of 08:37, 22 April 2008

Summary

This article outlines how to to alter your Platinum payroll "Government Parameters".

Additional Information

You will need to make sure no other users are in the Payroll System.

Go to "Payroll Main Menu" -> "Payroll Parameters/Maintenance" -> "Payroll Parameters" -> "Government Parameters" -> "Tax bands".

  • Over type the existing upper and lower limits with the ones outlined in the email from Catalyst Software Support (If you have not received this email contact Software Support on support@catalyst-uk.com or call 0116 2301500).
Leave Tax Rate 40% set to a zero upper limit, as the system will automatically tax earnings at '40%' if they exceed the upper earnings limit.
  • The basic rate should still be 20% and the Overriding Regulatory Limit should still be 50% (K Codes).
  • Tap <Esc> once you have entered the new bands to save the changes.

See also


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Keywords AND Misspellings
Tax, Bands, Year, end