WFM Release Note - 52 Week Holiday Calcu ...
WFM Release Note - 52 Week Holiday Calculation
Please note - this existing release note has been updated further.
On 24/03/2020, we removed the automation that switches the flexibel holiday calculation over to 52 weeks. Due to the guidance provided by HMRC in regard to the average pay for furloughed employees, we have now restored the automatic flagging of the 52 week calculation when portals are rolled forward to the new tax year. Any portals that have rolled forward, had their calculation updated on 6th April, in line with UK Legislation.
What’s Changing?
New functionality to allow the calculation of Flexible workers’ holiday allowance and pay to be done over 52 weeks, in line with new legislation.
Release date: 12th March 2020
Reason for the Change
New Legislation will come into force on 6th April 2020 as part of the ‘Good Work Plan’ whereby holiday allowance and pay for Flexible employees must be calculated over a 52 week period.
Please comment below if you have any queries regarding this.
Best,
Paul
Fourth
Please sign in to leave a comment.
Download Our App
Comments
0 comments