Hi All
I am aware that HMRC made some legislation changes to PILON payments in April 2018 whereby assessments now need to be completed and a new formula for certain payments were input?
I wondered if anything had been, or needed to be, actioned on the Fourth system, in light of these changes?
You can find further information on these changes within this link, if you needed any specific information:
https://www.employmentlawworldview.com/tax-treatment-of-termination-payments-changes-from-april-2018-hit-employers-again/
Many Thanks
@Zubel Hussain @Mital Halai
PILON Payments- Changes Made by HMRC in April 2018
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Linked Ideas
Hi @Eleanor Cross @Zubel Hussain @Mital Halai
The system does not calculate Payment in Lieu of Notice (PILON) and therefore all payments are manually entered as additional payments in the payroll module.
Payment types are configured to calculate tax and NI or not. (For bureau customers this can be configured by the Payroll specialist).
Payments should be calculated and entered into the correct payment types.
Kind regards
Debbie
Fourth
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