Difference between revisions of "How do I change employee pension contributions?"

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{{Review}}
 
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== Summary ==
 
== Summary ==
 
This article explains how to amend the pension contributions made by an employee, e.g. if they wish to increase their contributions or pay into an additional scheme.
 
This article explains how to amend the pension contributions made by an employee, e.g. if they wish to increase their contributions or pay into an additional scheme.
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* Select the employee and click {{Button|Edit}}.
 
* Select the employee and click {{Button|Edit}}.
 
* Click on the {{Tab|Tax, NI and Pension}} tab.
 
* Click on the {{Tab|Tax, NI and Pension}} tab.
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* At {{DataPrompt|Top up pension EE}} enter the additional amount to deduct per period e.g. to deduct an extra £5 enter {{DataValue|5}}.
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* At {{DataPrompt|Top up pension EE}}, enter the additional amount to deduct per period e.g. to deduct an extra {{DataValue|£5}}, enter {{DataValue|5}}.
 
* Click {{Button|Done}} and {{Button|Accept}}.
 
* Click {{Button|Done}} and {{Button|Accept}}.
  
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{{Note|text-This will deduct the extra amount per period on top of any other calculated pension deductions.}}
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{{Note|text=This will deduct the extra amount per period on top of any other calculated pension deductions.}}
  
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=== Deduct a Higher Percentage ===
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=== Contributing a Higher Percentage ===
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If the employee wishes to deduct a percentage, greater than that specified by the standard Auto Enrolment scheme, you will first need to set up an additional pension scheme.
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If the employee wishes to contribute a percentage greater than that specified by the standard Auto Enrolment scheme, you will first need to set up an additional pension scheme.
  
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Please see [[How do I setup a Pension Scheme in Platinum?]] to create an additional scheme.  
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Please see [[How do I set up a pension scheme in Platinum Payroll?]] to create an additional scheme.
  
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{{Warning|text=Make sure you specify the correct parameters for {{DataPrompt|Tax}} and National Insurance {{DataPrompt|Lim}}its for both the {{DataPrompt|Employee}} and {{DataPrompt|Employer}} columns.}}  
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{{Warning|text=Make sure you specify the correct parameters for {{DataPrompt|Tax}} and National Insurance {{DataPrompt|Limits}} for both the {{DataPrompt|Employee}} and {{DataPrompt|Employer}} columns.}}
  
 
{{Note|text=The {{DataPrompt|%}} should be set to {{DataValue|Y}} and {{DataPrompt|Value}} should be left at zero but please make sure you enter the correct percentage for the {{DataPrompt|Employer}}.}}
 
{{Note|text=The {{DataPrompt|%}} should be set to {{DataValue|Y}} and {{DataPrompt|Value}} should be left at zero but please make sure you enter the correct percentage for the {{DataPrompt|Employer}}.}}
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* Click {{Button|Done}} and {{Button|Accept}}.
 
* Click {{Button|Done}} and {{Button|Accept}}.
  
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=== Contributing a Higher Value ===
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Please follow the method for the Higher Percentage with the following differences.
  
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=== Deduct a Higher Value ===
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{{Warning|text=Please ensure the value is at or greater than the minimum percentage contribution for Auto Enrolment, unless the employee has [[How do I prepare for automatic enrolment?#Opting Out and Ceasing Active Membership|opted out]].}}
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If the employee wishes to deduct a fixed amount per period you will first need to set up an additional pension scheme.
 
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{{Warning|text=Please ensure the value is at or greater than the minimum percentage contribution for auto enrolment, unless the employee has [[How do I Prepare for Automatic Enrolment?#Opting Out and Ceasing Active Membership|opted out]].}}
 
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Please see [[How do I setup a Pension Scheme in Platinum?]] to create an additional scheme.
 
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{{Warning|text=Make sure you specify the correct parameters for {{DataPrompt|Tax}} and National Insurance {{DataPrompt|Lim}}its for both the {{DataPrompt|Employee}} and {{DataPrompt|Employer}} columns.}}  
 
  
 
{{Note|text=The {{DataPrompt|%}} should be set to {{DataValue|N}} and {{DataPrompt|Value}} should be left at zero but please make sure you enter the correct percentage for the {{DataPrompt|Employer}}.}}
 
{{Note|text=The {{DataPrompt|%}} should be set to {{DataValue|N}} and {{DataPrompt|Value}} should be left at zero but please make sure you enter the correct percentage for the {{DataPrompt|Employer}}.}}
  
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Go to {{PayrollMaintenance|Add or Edit Employees}}.
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* At {{DataPrompt|Company pension EE}}, enter the value they wish to contribute each period.
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* Click {{Button|Search}}.
 
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* Select the employee and click {{Button|Edit}}.
 
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* Click on the {{Tab|Tax, NI and Pension}} tab.
 
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* Select the new {{DataPrompt|Pension scheme}} from the drop down menu.
 
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* At {{DataPrompt|Company pension EE}} enter the value they wish to be deducted each period.
 
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{{Note|text=The employee must have been enrolled into an auto enrolment scheme in a previous period. If this is not the case please enter the date they are joining the pension scheme into {{DataPrompt|Scheme Joined Date}}.}} 
 
  
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* Click {{Button|Done}} and {{Button|Accept}}.
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{{Note|text=The employee must have been enrolled into an Auto Enrolment scheme in a previous period. If this is not the case, please enter the date they are joining the pension scheme into {{DataPrompt|Scheme Joined Date}}.}}
  
 
== Review Contributions ==
 
== Review Contributions ==
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Before closing the current period please check the pension deductions are as you expect them to be.
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Before closing the current period, please check the pension deductions are as you expect them to be.
  
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* Go to {{Menu|Systems|{{PR}}|Run Payroll Period}}.
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* Go to {{Menu|{{PR}}|Run Payroll Period}}.
 
** If you have monthly and weekly paid employees, enter {{KeyPress|Y}} or click the drop down and select {{DataPrompt|Yes}} against the employee's pay frequency.
 
** If you have monthly and weekly paid employees, enter {{KeyPress|Y}} or click the drop down and select {{DataPrompt|Yes}} against the employee's pay frequency.
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** Then (or if you do not have a pay frequency selection) click the {{Button|OK}} button to go into the payroll.  
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** Then (or if you do not have a pay frequency selection) click the {{Button|OK}} button to go into the payroll.
 
** Click {{Button|Choose}}.
 
** Click {{Button|Choose}}.
 
* If available select {{Button|Pension Contributions}}.
 
* If available select {{Button|Pension Contributions}}.
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== See also ==
 
== See also ==
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* [[How do I set up a pension scheme in Platinum Payroll?]]
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* [[How do I create an employee in the payroll?]]
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* [[How do I prepare for automatic enrolment?]]
  
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* [[How do I setup a Pension Scheme in Platinum?]]
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{{KB_Tags|pension, scheme, payroll, parameters, auto enrolment, auto enrol, increase, fixed amount, increase contributions, ees, ers, employees, employers}}
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* [[How do I Add a New Employee to the Payroll?]]
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{{How}}{{KB_PR}}{{ZN_Admin}}
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* [[How do I Prepare for Automatic Enrolment?]]
 
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{{KB_Tags|Pension, scheme, payroll, Parameters, auto enrolment, auto enrol, increase, fixed amount, increase contributions, ees, ers, employees, employers}}
 
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{{KB_PR}} {{ZN_Admin}}
 

Latest revision as of 06:29, 9 November 2019

Summary

This article explains how to amend the pension contributions made by an employee, e.g. if they wish to increase their contributions or pay into an additional scheme.

More Information

The method to use will depend on the additional contributions they wish to make:

Deduct an Additional Fixed Amount

Go to " Payroll Maintenance Options Add or Edit Employees".

  • Click [Search].
  • Select the employee and click [Edit].
  • Click on the [Tax, NI and Pension] tab.
  • At "Top up pension EE", enter the additional amount to deduct per period e.g. to deduct an extra '£5', enter '5'.
  • Click [Done] and [Accept].
This will deduct the extra amount per period on top of any other calculated pension deductions.

Contributing a Higher Percentage

If the employee wishes to contribute a percentage greater than that specified by the standard Auto Enrolment scheme, you will first need to set up an additional pension scheme.

Please see How do I set up a pension scheme in Platinum Payroll? to create an additional scheme.

Make sure you specify the correct parameters for "Tax" and National Insurance "Limits" for both the "Employee" and "Employer" columns.
The "%" should be set to 'Y' and "Value" should be left at zero but please make sure you enter the correct percentage for the "Employer".

Go to " Payroll Maintenance Options Add or Edit Employees".

  • Click [Search].
  • Select the employee and click [Edit].
  • Click on the [Tax, NI and Pension] tab.
  • Select the new "Pension scheme" from the drop down menu.
  • At "Company pension EE" enter the percentage they wish to be deducted each period.
  • Click [Done] and [Accept].

Contributing a Higher Value

Please follow the method for the Higher Percentage with the following differences.

Please ensure the value is at or greater than the minimum percentage contribution for Auto Enrolment, unless the employee has opted out.
The "%" should be set to 'N' and "Value" should be left at zero but please make sure you enter the correct percentage for the "Employer".
  • At "Company pension EE", enter the value they wish to contribute each period.
The employee must have been enrolled into an Auto Enrolment scheme in a previous period. If this is not the case, please enter the date they are joining the pension scheme into "Scheme Joined Date".

Review Contributions

Before closing the current period, please check the pension deductions are as you expect them to be.

  • Go to " Payroll Run Payroll Period".
    • If you have monthly and weekly paid employees, enter <Y> or click the drop down and select "Yes" against the employee's pay frequency.
    • Then (or if you do not have a pay frequency selection) click the [OK] button to go into the payroll.
    • Click [Choose].
  • If available select [Pension Contributions].
  • If this report is not available click [Execute a Specific Report]
    • Enter 'AUT' and click [Start].

See also


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Keywords AND Misspellings
pension, scheme, payroll, parameters, auto enrolment, auto enrol, increase, fixed amount, increase contributions, ees, ers, employees, employers
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