Sage 50 Payroll Health Check
A few tips on making sure your Sage 50 Payroll 2010 is set up right for the payroll year.
1. Make sure you are using the right legislation for the new tax year by checking the Help/About menu.
2. Check employee tax codes, as although there were no general increases in L suffix tax codes, your employers may have had P9 notices from HMRC for specific employees, containing tax codes to use in the new tax year. Please be sure you actioned any notices.
3. Checking small employer relief status (if eligible) is just a case of making sure you have marked the relevant check box within the software, this will help in recovering the right values for statutory payment such as maternity and paternity pay.
4. Remember that your year end returns for 2009/2010 must be submitted to HMRC by 19th May, or you are likely to receive a penalty from HMRC.
