Datafile Software
Company/Bank Details
The first screen of the Company/Bank Details allows you to specify details of
the company for which this payroll is to be used and details of the company
bank account and tax office
The name you enter here is printed at the top of all the payroll reports. In addition to typing in the company name, you may wish to include some text to indicate whether the payroll is for weekly or monthly paid employees. Up to 28 characters including spaces may be used for the payroll name.
ECON Reference
If the payroll has any employees using a contracted-out NI category then enter the company’s ECON reference here.
Company Name and Address
Enter the company name and address, using five lines of up to 35 characters per line including spaces.Type the text on each line and key <Enter>.
Company Bank Account Details
Type in the company bank account details here. You may use up to five lines of text for the
name and address, each of up to 35 characters including spaces for the
details. The bank sort code should be in
the exact form used by the banks — usually three pairs of numbers separated by
hyphens — e.g. "12‑34‑56”.
Tax District Title
IR Office / PAYE Reference
Enter here the name and code of the tax district for this payroll. You may use up to 16 characters for the name and up to 12 characters for the district code. <F6-Companies> is available on the tax reference input to list details for any other active payroll companies in the system.
If RTI is in use the system will warn if you attempt to change this value – an <F7-Option> key override is required to change this value.
Self-Assessment Ref
Corporation Tax Ref
Enter references for self-assessment and corporation tax as appropriate.
Ceased Trading
Set this flag if the company has ceased trading. Setting this enables the display of the General XML Parameters within FPS / EPS submissions to the HMRC which require additional details on the final submission in these circumstances.
Seconded Workers
Set this flag if you pay employers who have been seconded to work in the UK from an overseas company.Setting this option enables additional inputs within employee maintenance.
RTI In Use
Set if RTI is in use for this company (this is generally true for all companies as of 6th April 2013 but some employers may be advised to delay implementation until later in the 2013/14 tax year).
Employer Account Office Ref
Enter the appropriate reference here.
Payments to HMRC Quarterly
Most employers pay the HMRC monthly but if you are allowed you can enable this setting here to process EPS submissions on a quarterly basis.
The second screen of the Company/Bank Details contains the submission parameters for the RTI Returns to the HMRC and the access user-id and password for the HMRC DPS Mailbox.
Alternate XML Path
The RTI submission processes create XML files which, by default, are held in the main DFWIN folder and sub-folders off this location. This option allows you to specify an alternate path for these files.
Contact Title
Forename
Surname
Telephone
Fax
Confirm/Enter the contact details to be included on the year-end submission.
Inland Revenue User Id
Password
Enter the user-id and password supplied by the Inland Revenue/HMRC.
SMP Small Employer Relief
Set if employer eligible for relief as a small employer (total NI contributions less than £45,000).
SMP% Recovery Rate
If set for Small Employer Relief set this as 100% else set at 92% (effective 6th April 2013)
NIC% Compensation Rate
If set for Small Employer Relief set this as 3% else leave as 0% (effective 6th April 2013)
The third screen contains any applicable ‘agent’ details for the XML End-of-Year Returns submission.
Agent Id
Enter Agent Id supplied by the Inland Revenue
Company / Address / Post Code
Enter the Agent name/address details as prompted.
Contact Title
Forename
Surname
Telephone
Fax
Enter the contact details for the agent to be included on the year-end submission.
Article ID: 2012
Created On: Tue, Mar 26, 2013 at 3:50 PM
Last Updated On: Fri, Jun 16, 2023 at 4:57 PM
Online URL: https://kb.datafile.co.uk/article/company-bank-details-2012.html