Add Employee Pension Deduction
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Go to the Company menu and select ‘Alter Payments / Deductions’.
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Choose ‘Add New’.
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On the message asking if you want to use the wizard, select ‘No’.
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Enter a Name for the pension deduction.
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In the Category field, select ‘Apply After Tax & NI Calculation.’
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In the + or - field, select ‘Deduction’.
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In the Type field, select ‘Percentage’.
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Range check should be the default of ‘None’.
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Report Group should be the default of ‘<None>’.
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When Clear Totals field is set to ‘Annually’, during Year-end Restart, the year to-date total for this pension deduction will be clear along with other year to-date totals.
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Select the ‘Pension’ box.
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Select the ‘Subtract Basic Rate Tax’ box.
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Select ‘% Settings’ and choose all the pay elements you want the pension deduction to calculate on.
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Select ‘OK’ on the Percentage calculation screen.
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Select ‘OK’ on the Settings for New Payment/Deduction screen to save the new employee pension deduction.
