| Home » Categories » Solutions by Business Process » Finance » Payroll |
National Health Insurance Table |
|
Article Number: 2017 | Rating: Unrated | Last Updated: Fri, Jun 16, 2023 at 4:55 PM
|
|
Datafile Software The National Insurance contribution tables are defined over three screens. Earnings Brackets It is usual to complete this table in full, even though the payroll itself applies only to a weekly-based or monthly-based payroll. It starts with the weekly pay brackets. For each earnings bracket, starting at 1 for the lowest, enter the upper earnings limit for the bracket concerned. As you enter each upper limit the program automatically displays the lower limit for the next earnings bracket. Leave the upper limit at zero when all the bands which are required have been defined. Employees Upper Limit Key the absolute upper earnings limit for NHI calculation purposes. You must now repeat the process for monthly and yearly values. Do you wish Director NHI contributions to be averaged? Set whether Director NI contributions are calculated on an Annual (leave blank) or the Alternate averaged method. In the Average method they are treated as a standard employee until the final pay period of the year when deductions are recalculated on the full earnings period. Employee contributions On this screen you specify the employee contribution percentage rates to be applied to the defined earnings brackets for National Insurance categories together with the rebates allowed for D and L categories. Employer Contributions On the next screen, you specify the employer’s percentage rates for the defined earnings bands together with the rebates allowed. |
Attachments
There are no attachments for this article.
|
Payslips – Year-to-Date Value Printing
Viewed 249 times since Thu, Jan 2, 2025
Employee Mandatory 4/4
Viewed 2608 times since Wed, Mar 27, 2013
Pension Auto-Enrolment
Viewed 5181 times since Wed, Mar 27, 2013
Cheque Design - Document Design Manager
Viewed 2991 times since Wed, Mar 27, 2013
Recall Standard Text
Viewed 3269 times since Wed, Mar 27, 2013
Employee Optional 1/11
Viewed 2598 times since Wed, Mar 27, 2013
Employee Mandatory 1/4
Viewed 2671 times since Wed, Mar 27, 2013
Alternate Panel Settings
Viewed 2470 times since Tue, Mar 26, 2013
Transaction Items
Viewed 5002 times since Wed, Mar 27, 2013
Bank Giro Credits - Document Design Manager
Viewed 3422 times since Wed, Mar 27, 2013
|

