Difference between revisions of "How do I claim employment allowance?"
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== Summary == | == Summary == | ||
| − | + | If you are eligible for Employment Allowance you can reduce the amount of Employer Class 1 NICs due. | |
| − | {{Note|text= | + | {{Note|text=Please click [https://www.gov.uk/claim-employment-allowance here] to check the allowance in the current tax year.}} |
== More Information == | == More Information == | ||
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If your company belongs to a group of companies or your charity is part of a charities structure, only one company or charity can claim the allowance. It is up to you to decide which company or charity will claim the allowance. | If your company belongs to a group of companies or your charity is part of a charities structure, only one company or charity can claim the allowance. It is up to you to decide which company or charity will claim the allowance. | ||
| − | You can only claim the | + | You can only claim the Employment Allowance against one PAYE scheme - even if your business runs multiple schemes. |
You can find [https://www.gov.uk/claim-employment-allowance more information about Employment Allowance on the HMRC website]. | You can find [https://www.gov.uk/claim-employment-allowance more information about Employment Allowance on the HMRC website]. | ||
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=== If you can claim === | === If you can claim === | ||
If you are entitled to claim Employment Allowance then you must send an Employer Payment Summary (EPS) each calendar month and Platinum will automatically claim the Employment Allowance when you do. | If you are entitled to claim Employment Allowance then you must send an Employer Payment Summary (EPS) each calendar month and Platinum will automatically claim the Employment Allowance when you do. | ||
| − | {{Note|text=The Employer '''N'''ational '''I'''nsurance '''C'''ontribution total will be reduced by the | + | {{Note|text=The Employer '''N'''ational '''I'''nsurance '''C'''ontribution total will be reduced by the allowance until the full allowance has been used. This may result in the allowance being spread over the course of multiple periods at the start of the tax year.}} |
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| + | {{Warning|text=The amount of ''NIC's'' due, less the allowance is shown on the [[How do I Close a Payroll Period?#Employer Payment Summary (EPS)|'''E'''mployer '''P'''ayment '''S'''ummary (EPS)]] and currently not on the P32 print out. You must submit an ''EPS'' at the end of each Tax Month to ensure HMRC are aware you are claiming your allowance.}} | ||
=== If you cannot claim === | === If you cannot claim === | ||
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== See also == | == See also == | ||
*[[How do I Close a Payroll Period?]] | *[[How do I Close a Payroll Period?]] | ||
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* [https://www.gov.uk/claim-employment-allowance Employment Allowance] | * [https://www.gov.uk/claim-employment-allowance Employment Allowance] | ||
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{{KB_Tags|Payroll, params, parameters, settings, EPS, Employer, Payment, Summary, Employer Payment Summary, NIC, 3000, Claim, Reclaim, Re Claim, Re-Claim, employment, allowance, wages journal}} | {{KB_Tags|Payroll, params, parameters, settings, EPS, Employer, Payment, Summary, Employer Payment Summary, NIC, 3000, Claim, Reclaim, Re Claim, Re-Claim, employment, allowance, wages journal}} | ||
{{KB_PR}} {{FAQ}} | {{KB_PR}} {{FAQ}} | ||
Revision as of 03:41, 24 May 2017
Summary
If you are eligible for Employment Allowance you can reduce the amount of Employer Class 1 NICs due.
 | Please click here to check the allowance in the current tax year. |
More Information
You can claim the Employment Allowance if you are a business or charity (including Community Amateur Sports Clubs) that pays employer Class 1 NICs on your employees’ or directors’ earnings.
If your company belongs to a group of companies or your charity is part of a charities structure, only one company or charity can claim the allowance. It is up to you to decide which company or charity will claim the allowance.
You can only claim the Employment Allowance against one PAYE scheme - even if your business runs multiple schemes.
You can find more information about Employment Allowance on the HMRC website.
If you can claim
If you are entitled to claim Employment Allowance then you must send an Employer Payment Summary (EPS) each calendar month and Platinum will automatically claim the Employment Allowance when you do.
| The Employer National Insurance Contribution total will be reduced by the allowance until the full allowance has been used. This may result in the allowance being spread over the course of multiple periods at the start of the tax year. |
 | The amount of NIC's due, less the allowance is shown on the Employer Payment Summary (EPS) and currently not on the P32 print out. You must submit an EPS at the end of each Tax Month to ensure HMRC are aware you are claiming your allowance. |
If you cannot claim
If you are not entitled to claim Employment Allowance then you will need to switch off this setting in Platinum:
- Go to " Payroll Maintenance Options Payroll Settings Company Parameters General Company Details".
- Change "Employment Allowance?" to 'N'.
After you do this then Platinum will no longer claim Employment Allowance in your monthly Employer Payment Summary (EPS).
See also
