| New Payment Types |
|
Ahead of new legislation, two new payment types have been added to the Payroll module |
Release date: February 29th 2024
- Enabled by default? - Yes
- Set up by customer admin? - No
- Enable via support ticket? - No
- Affects configuration or data? - No
What's Changing?
The addition of two new payment types - 'Rolled Up Holiday Pay' and 'Carers Leave'.
Reason for the Change
From 6th April 2024, employees will be able to take unpaid 'carer's leave'. The new payment type is to allow the deduction of pay from salaried workers who take carer's leave.
From an employer's holiday year starting on or after 1st April 2024, 'rolled-up holiday pay' can be used. This new payment type is in place for the payment of said holiday.
Customers Affected
All customers using the Payroll module.
Release Note Info/Steps
To see the new 'Carers Leave' payment type, go to:
- Payroll > Administration > Payment Types
- Select Carers Leave from the list
Fig.1 - 'Carers Leave' payment type
This is a Calculated payment type and is subject to Tax, National Insurance, Pensionable and is Qualifying Earnings for Pension.
Fig.2 - 'Carers Leave' payment type configuration
By default, the calculation of this payment type is:
Annual Salary ÷ 260 for one day of Carers Leave
Fig.3 - 'Carers Leave' payment type configuration (Continued)
To see the new 'Rolled Up Holiday Pay' payment type, go to:
- Payroll Module > Administration > Payment Types
- Select Rolled Up Holiday Pay from the list
Fig.4 - Rolled Up Holiday payment type
This is a One-Off payment type and is subject to Tax, National Insurance, Pensionable and is Qualifying Earnings for Pension. The amount this payment type will pay is subject to the holiday calculation itself, rather than the payment type doing the calculation.
Fig.5 - 'Rolled Up Holiday Pay' payment type configuration
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