Advice on payslips

Murphy_The_Cat

Sinc19 wrote: »

stphnstevey is right - contracted in (default) rate is charged at 11% on earnings above £453 per month (the earnings threshold), and 1% on any earnings above £3,337 per month (the upper earnings limit).

Example
Earnings: £3,400 per month
£453 below earning threshold @ 0% = £0
£3,337 - £453 = £2,884 between earnings threshold and UEL @ 11% = £317.24
£3,400 - £3,337 = £63 above UEL @ 1% = £0.63
Total Class 1 Primary contributions due = £317.87

Thanks for clearing that up - I think.

From this HMRC page, I was working off the Primary Threshold for 2008-2009 being the minimem level of earnings that you need to get NI credits - have I misunderstood it ? £105 per week, £5460 per year, £455 per month..
So, pay yourself than £454 per less per month and get no NI credits, pay yourself over £455 per month and get NI credits.

Parsley_2

I did payroll for 2 people and I used 12Pay, it's free for the basic package and you can print off payslips. It's £48 for a year subscription but as I'm now down to 1 employee who gets £30 per week and therefore no NI or PAYE I haven't paid for the premium package.

I found it really easy to use so thought I'd let you know about it in case it might help.

With more employees I suspect the premium package would be better as it can do holidays as well as the rest (I think). It's worth taking a look at anyway.

Stuart_Whitman

I wouldn't touch Sage products with a barge pole - believe me I have plenty of experience with both the products and the people who work there.

If your after free Payroll software have a look at 12pay.co.uk. We've used them for some time and their support is great. Alternatively you could try thepayrollsite.co.uk which is web based service that costs about £5 per month.

stphnstevey

If it's just one or two people, doesn't the HMRC free CD allow you to do everything now, updates free as well! Think it does payslips as well