Before processing period 1
Do not start to process year end until after our next release on 6th March 2024. Processing year end before this could cause major errors.
Before processing period 1 of the new tax year, you need to:
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Make sure you are in period 1 of the 2024/2025 tax year.
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Set the Apprenticeship Levy allowance for each payroll company and frequency, in Legislation > Apprenticeship Levy Legislation.
Learn more in About the apprenticeship levy.
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Update, save, and calculate statutory payments in Payroll > employee record > Input, to make sure the most up to date rates are used in payment schedules.
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Employers with a Class 1 secondary NI liability of £100,000 or more are no longer eligible for Employment Allowance. In line with legislation changes, the Employment Allowance configuration is cleared down during Year-End and needs to be reconfigured during period 1. ** rewrite as step
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Update Maintenance > Legislation > Employment Allowance Legislation.