Release 4.07.00
These are the details for Capital Gold Payroll (4.07.00).
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Version |
4.07.00
|
Released |
Mar 19 |
Summary |
This release includes the statutory payroll changes for the 2019-20
tax year, plus a number of new non-statutory features.
|
Contents
Statutory changes
Statutory payroll changes in this release of Capital Gold Payroll
include changes for Welsh Income Tax, Company Car fuel, Postgraduate Loans,
RTI submissions and Statutory Rates and Thresholds.
Welsh Income Tax
From 6 April 2019, some of the Income Tax paid
by people living in Wales will be paid to the Welsh government.
The Welsh government will be able to vary the rate paid by Welsh
resident taxpayers. This means that they could pay different rates
of Income Tax than taxpayers in the rest of the United Kingdom.
In practice the UK government will reduce the basic, higher and
additional rates of Income Tax by 10p. The Welsh government will
then decide the rates that will be added to the reduced UK rates.
A Welsh taxpayer will have a ‘C’ prefix to their tax code, for
example 1250L will be C1250L. |
Software changes |
Welsh Income Tax rates and thresholds will be recorded in
the software for the new tax year.
|
Applies to |
All employees who live in Wales. |
Effective |
From 6 April 2019. |
More information |
www.gov.wales |
Company Car Fuel Types
Changes have been introduced to fuel classifications
in the 2019-20
tax year.
You need to register with HMRC online before
the start of the tax year that you want to payroll the benefit
for. |
Software changes |
For those employees who already have company cars, you will
need to review and if necessary amend the fuel types using the
Configure Company Car Details
screen on the Company
menu.
|
Applies to |
All employees with company cars. |
Effective |
From 6 April 2019. |
More information |
www.gov.uk |
Postgraduate Loans
From April 2019, Postgraduate Loans will be
deducted via the PAYE process in the same way as Student Loans.
The repayment threshold is set at £21,000 and loans will be repaid
at a rate of 6%. The deductions will be based on the pay that
is subject to National Insurance contributions.
PGL1 and PGL2 notices are being introduced in paper and electronic
formats to start and stop Postgraduate loan deductions. These
will run alongside the existing SL1 and SL2 notices for Student
loans. |
Software changes |
These changes have been introduced:
A
Payment/Deduction Category of 'Postgraduate Student
Loan Refund'. A Postgraduate Student
field on the Employee details
> To-Date screen. Postgraduate Student
Loan fields on the Employee
details > Tax/NI > Student Loan screen to record
the start date and end date. Postgraduate Student
Loan Start and Stop notices can be downloaded from HMRC. Postgraduate Student
Loan fields will be added to the Import
and Export, and Employee Debug functions. A Postgraduate Student
Loan tick box on the Employee
details > Tax/NI > Starter Details screen.
 |
Applies to |
Employees with Postgraduate Loans. |
Effective |
From 6 April 2019. |
More information |
www.gov.uk |
Full Payment Submission
Software changes |
These new details will be included in the Full Payment Submission
(FPS) in the 2019-20 tax year:
An indicator and values
for Postgraduate Student Loan repayments New fuel types for
company cars An indicator for Welsh
taxpayers An indicator for employees
with aggregated earnings.
If an employee has more than one job with you - or with another
employer that you ‘carry out business in association’ with,
you may have to calculate National Insurance based on the
earnings of both of their jobs. An Aggregate
tick box has been added to the Employee
details - Period screen. With the box ticked, when
you run payroll the pay period is logged as having aggregate
earnings and this is reported in the FPS.
Any employees that are included in the FPS,
but not paid in the period, will be included in the Year To Date
values on the FPS Confirmation
screen, FPS Print Summary
screen and FPS Print Details
screen. |
Applies to |
FPS sent to HMRC for each pay period. |
Effective |
From 6 April 2019. |
More information |
www.gov.uk |
Earlier Year Update submission
Software changes |
For amendments to data for the 2018-19
tax year onwards, HMRC has removed the restriction of the 19th
April, allowing you to submit an FPS to update their records.
An EYU will still
be required if you are amending data for the 2017-18 tax year
and before. An EYU or FPS can
be used if you are amending data for the 2018-19
tax year. However, you must choose only one method for reporting
amendments for the whole of the tax year. An FPS must be used
if you are amending data for the 2019-20
tax year. You will not be able to use an EYU.
Tax year |
Send EYU? |
Send FPS? |
2017-18 |
Yes |
No |
2018-19 |
Yes |
Yes |
2019-20+ |
No |
Yes |
The EYU Values
Report has been updated to include serious ill health. |
Applies to |
EYU sent to HMRC for each pay period. |
Effective |
From 6 April 2019. |
More information |
www.gov.uk |
Pensions
Non-statutory changes
Issue |
Solution |
Benefit |
Previously, the payroll software determined which auto enrolment thresholds
to apply using the Pay Reference Period Start Date, Automatic Enrolment
Date or 22nd birthday date.
At most points in the year this will be the same as using the current tax
year thresholds. However, at the beginning of a new tax year, the parameters
in use could be from different tax years for different employees in the
same pay period.
|
A new option named AE Thresholds
has been added to the Pensions - Configure
Auto Enrolment screen to determine which tax year’s Automatic Enrolment
thresholds are used.
|
It is now possible to choose which tax year's Automatic Enrolment thresholds
are used.
|
Previously the Quick Report Writer
always included an employee's surname and initials on a report.
|
A new option named Surname Only
is now available on the Reports >
Quick Report Writer > Configure Quick Report screen.
|
This new option means a report can include only the surname if required.
|
Previously it was not possible to use formulas in the Quick
Report Writer when grouping by 'Account Group'.
|
Formulas in the Quick Report Writer can now be used even when grouping
by Account Group.
|
This makes the grouping feature in the Quick Report Writer more versatile.
|
Previously it was not possible to easily detect any anomalies in the
payroll.
|
A new Anomaly Settings button
on the Company > Alter Company Options
> Payroll tab will open the Anomaly
Settings screen. This screen will detail all the anomalies that
the software can detect and report for you.
An anomaly check will also be done as part of Do/Redo
Payroll. A message will be displayed at the end of the process,
giving you the opportunity to view and print the anomalies.
Anomalies that can be checked are:
Tax rebate paid in period.
Net pay in period is zero. Net pay for period is less
than zero. Employee on hold. Employee not paid this Period. Employee reaching State Pension
Age. Postgraduate/Student Loan
refund exceeds loan paid for the year to date. Salary paid does not equal
salary in Employee Details. Receiving Statutory Pay and
Salary. Salary is less than the minimum. Salary is greater than the
maximum. Total hours is less than minimum. Total hours is greater than
maximum. Gross taxable pay is less
than minimum. Gross taxable pay is greater
than maximum. Net Pay is less than minimum. Net Pay is greater than maximum.
|
A new, simple and flexible anomaly process has been added that allows
you to configure your own anomaly settings and apply them to the current
company.
|
If the Auto Enrolment licence has expired the software did not previously
provide a warning.
|
A new message is now displayed when you log in to Capital Gold Payroll.
|
This means that you are warned appropriately if your Auto Enrolment
licence has expired.
|
P46 returns are no longer used.
|
All references to P46 have been removed and renamed to ‘Employee Statement’
where relevant.
|
These new reports are available from the Miscellaneous section of the
Reports library:
|
Bank holidays for England/Wales, Scotland and Northern
Ireland for 2020 onwards have also been added.
New NI, PAYE and Statutory Payments rates and bands
National Insurance rates and earnings limits
|
LEL |
PT |
ST |
UEL |
UST |
AUST |
W |
118 |
166 |
166 |
962 |
962 |
962 |
2W |
236 |
332 |
332 |
1,924 |
1,924 |
1,924 |
4W |
472 |
664 |
664 |
3,847 |
3,847 |
3,847 |
M |
512 |
719 |
719 |
4,167 |
4,167 |
4,167 |
Q |
1,534 |
2,158 |
2,158 |
12,500 |
12,500 |
12,500 |
6M |
3,068 |
4,316 |
4,316 |
25,000 |
25,000 |
25,000 |
A |
6,136 |
8,632 |
8,632 |
50,000 |
50,000 |
50,000 |
LEL = Lower Earnings Limit, PT = Primary
Threshold, ST = Secondary Threshold, UEL = Upper Earnings Limit, UST =
Upper Secondary Threshold, AUST = Apprentice Upper Secondary Threshold
W = Weekly, 2W = 2 weekly, 4W = 4 weekly,
M = Monthly, Q = Quarterly, 6M = 6 Monthly, A = Annual
Employee's and employer's NI contributions
Employee’s NI contributions |
Letter |
Earnings below LEL |
Earnings at or above LEL up
to and including PT |
Earnings above PT ST up to and
including UEL UST AUST |
Balance of earnings above UEL
UST AUST |
A |
NIL |
0% |
12% |
2% |
B |
NIL |
0% |
5.85% |
2% |
C |
NIL |
NIL |
NIL |
NIL |
H |
NIL |
0% |
12% |
2% |
J |
NIL |
0% |
2% |
2% |
M |
NIL |
0% |
12% |
2% |
Z |
NIL |
0% |
2% |
2% |
Employer’s NI contributions |
Letter |
Earnings below LEL |
Earnings at or above LEL up
to and including ST |
Earnings above PT ST up to and
including UEL UST AUST |
Balance of earnings above UEL
UST AUST |
A |
NIL |
0% |
13.8% |
13.8% |
B |
NIL |
0% |
13.8% |
13.8% |
C |
NIL |
0% |
13.8% |
13.8% |
H |
NIL |
0% |
0% |
13.8% |
J |
NIL |
0% |
13.8% |
13.8% |
M |
NIL |
0% |
0% |
13.8% |
Z |
NIL |
0% |
0% |
13.8% |
C = Pensioners, H = Apprenticeships Under
25, J = Deferment, M = Under 21, Z = Under 21 – Deferment
Rest of the UK Income Tax rates and bands
| |
|
2018-19 |
2019-20 |
Basic rate |
20% |
1-34,500 |
1-37,500 |
Higher rate |
40% |
34,501-150,000 |
37,501-150,000 |
Additional rate |
45% |
Over 150,000 |
Over 150,000 |
Welsh Income Tax rates and bands
| |
|
2018-19 |
2019-20 |
Basic rate |
20% |
1-34,500 |
1-37,500 |
Higher rate |
40% |
34,501-150,000 |
37,501-150,000 |
Additional rate |
45% |
Over 150,000 |
Over 150,000 |
Scottish Income Tax rates and bands
| |
2018-19 |
2019-20 |
Starter rate |
19% |
1-2,000 |
19% |
1-2,049 |
Basic rate |
20% |
2,001-12,150 |
20% |
2,050-12,444 |
Intermediate rate |
21% |
12,151-32,423 |
21% |
12,445-30,930 |
Higher rate |
41% |
32,424-150,000 |
41% |
30,931-150,000 |
Top rate |
46% |
Over 150,000 |
46% |
Over 150,000 |
Tax allowances
| |
2018-19 |
2019-20 |
Personal Allowance |
11,850 |
12,500 |
Marriage Allowance |
1,185 |
1,250 |
Tax code increases
From 6 April 2019,
the emergency tax code is 1250L.
Suffix |
Change |
L (basic personal allowance) |
+65 |
M (received 10% of personal allowance from partner) |
+71 |
N (transferred 10% of personal allowance to partner) |
+59 |
National Minimum and Living Wage Rates
Year |
25 and over |
21 to 24 |
18 to 20 |
Under 18 |
Apprentice |
April 2018 |
7.83 |
7.38 |
5.90 |
4.20 |
3.70 |
April 2019 |
8.21 |
7.70 |
6.15 |
4.35 |
3.90 |
Statutory Payments rates
For employees with average weekly earnings of £118.00 or
more:
SSP - from 6 April 2019,
the standard weekly rate for sickness absence is £94.25. SMP & SAP - for payment weeks
starting on or after Sunday 7 April 2019,
the standard rate is £148.68. For the first six weeks of payment,
the amount paid to an employee is 90% of the employee’s average
weekly earnings (the earnings-related rate). For the remaining
weeks, it will be the lesser of the standard rate or the earnings-related
rate (90% of the employee’s average weekly earnings). SPP & ShPP - for payment weeks
starting on or after Sunday 7 April 2019,
the standard rate is £148.68. The weekly rate paid to an employee
will be the lesser of the standard rate or the earnings-related
rate (90% of the employee’s average weekly earnings). |
Small Employers Relief
The recovery and compensation rates for Small Employers
Relief (SER) and the classification of a small business have not
changed.
Employers who qualify for SER are those with a total
annual Class 1 NICs including primary (employee) and secondary
(employer) liability of £45,000 or less. Employers who qualify for SER can recover 100% of statutory
payments (SMP, SPP, ShPP and SAP) paid to their employees
plus 3% compensation. Employers who do not qualify for SER can recover 92%
of the statutory payments paid to their employees. |
Student Loan thresholds
From 6 April 2019,
the annual Student and Postgraduate Loan thresholds are:
Student Loan plan 1: £18,935 (was £18,330) Student Loan plan 2: £25,725 (was £25,000) Postgraduate Loan: £21,000.
The deduction rate for Student Loans is unchanged at 9%.
The deduction rate for Postgraduate Loans is 6%. |
New thresholds for Auto Enrolment
The Department for Work & Pensions (DWP) has announced
the proposed thresholds for the 2019-20
tax year (subject to the parliamentary approval). |
PRP |
W |
2W |
4W |
M |
Y |
Lower level |
118 |
236 |
472 |
512 |
6,136 |
Earnings trigger |
192 |
384 |
768 |
833 |
10,000 |
Upper level |
962 |
1,924 |
3,847 |
4,167 |
50,000 |
PRP =
Pay Reference Period, Lower level = Lower level of qualifying earnings,
Earnings trigger = Earnings trigger for automatic enrolment, Upper level
= Upper level of qualifying earnings
W = Weekly, 2W = 2 Weekly, 4W = 4 Weekly,
M = Monthly, Y = Yearly
From 6 April 2019,
the total minimum Auto Enrolment contributions is 8% - with the employer
contributing at least 3%.
Capital Gold Payroll User
guides
Capital Gold Payroll PDF
guides are available in the User Guides section at docs.pegasus.co.uk.
PDF Guide |
Description |
Legislation & product changes guide |
This PDF guide includes
the Legislation & product changes details for Capital Gold Payroll (4.07.00). |
Installation guide |
This PDF guide helps with installation of Capital Gold Payroll. |
Checklists guide |
This PDF guide describes the steps necessary to upgrade
to Capital Gold Payroll
(4.07.00), and
then complete the payroll year-end and start the new tax year. |
Auto Enrolment guide |
This guide provides information on how Capital Gold Payroll
can help you carry out Auto Enrolment responsibilities. It covers
how your payroll software can help you with Automatic Enrolment,
pension funds, and pension deductions. |
Auto Enrolment Configuration Tool guide |
This guide explains how to use the Auto Enrolment Configuration
Tool in Capital Gold Payroll. |
Capital Gold Payroll Guides