IRIS KashFlow Payroll
Information for HSC pension users (Northern Ireland only) |
On 14th March 2024, HSC (Health & Social Care) Pension Scheme (NHS for Northern Ireland) announced late changes to the pension thresholds for the current year (2023/2024), with the instruction that these changes must be backdated for the entire year. As these changes were announced so late, we have been unable to implement a function for IRIS Kashflow payroll to automatically assess and recalculate pension for affected employees, so this will need to be a manual procedure for users. The year end release will update the pension tier thresholds for 2023/2024, but any changes to employee rates would have to be made manually. View pension thresholds |
HSC have advised that they anticipate few employees’ tier will change, and those that do will be due a refund for overpaid contributions, but the user will still need to check every employee in the scheme to establish if they are affected or not. View pension thresholds |
Employee verification connector (EVC)
November 2024 Update v1.9.5 – Release Notes
Welcome to your November update for Tax Year 2024/2025. This update of the software includes some new enhancements. These notes provide information on improvements to the software.
Employee Verification Connector (EVC)
We are excited to announce a new partnership with Equifax for our Employee Verification Connector (EVC). This means we can now offer IRIS Employee Verification services to even more employees. As a result of this great news, we thought we'd remind you that if you feel this service doesn't benefit your company or employees (see benefits), you have the option to opt out. Simply use the EVC opt-out/in options within your payroll product. You can find out how to do this by visiting our help centre.
Tronc payslip item
We have added a Tronc Pay payslip item to the pay item tree under Basic/Tips. Use this to make Tronc tip payments from the employer that are subject to tax deductions.
October 2024 Update v1.9.4 – Release Notes
Welcome to your October update for Tax Year 2024/2025. This update of the software includes some new enhancements, and necessary legislative changes. These notes provide information on improvements to the software.
NHS Pension Scheme – Scotland
We have implemented changes to the Scotland contribution rates and tiers (Table 1 and Table 2) applicable from 1st October 2024, as per guidance from SPPA (Scottish Public Pension Agency)
Employee NHS Pension Rates – Table 1
Used for members in pensionable employment on the last day of the previous scheme year and the first day of the current scheme year
Tier | Pensionable pay used to determine the contribution rate | Contribution Rate |
---|---|---|
1 | £0.00 to £13330.00 | 5.70% |
2 | £13331.00 to £25367.00 | 6.40% |
3 | £25368.00 to £30018.00 | 7.00% |
4 | £30019.00 to £37663.00 | 8.70% |
5 | £37664.00 to £39497.00 | 9.80% |
6 | £39498.00 to £48009.00 | 10.50% |
7 | £48010.00 to £51954.00 | 11.20% |
8 | £51955.00 to £72656.00 | 11.60% |
9 | £72657.00 and above | 12.70% |
Employee NHS Pension Rates – Table 2
Used for new members or for members who have a change in actual pensionable pay during the current scheme year
Tier | Pensionable pay used to determine the contribution rate | Contribution Rate |
---|---|---|
1 | £0.00 to £13330.00 | 5.70% |
2 | £13331.00 to £26762.00 | 6.40% |
3 | £26763.00 to £31669.00 | 7.00% |
4 | £31670.00 to £39734.00 | 8.70% |
5 | £39735.00 to £41669.00 | 9.80% |
6 | £41670.00 to £50650.00 | 10.50% |
7 | £50651.00 to £54811.00 | 11.20% |
8 | £54812.00 to £76652.00 | 11.60% |
9 | £76653.00 and above | 12.70% |