Well, I'm creating a wage slip for myself. I've just started taking a salary of 2500 gross. So when I create the first salary slip OK I see that the salary is deducted by 212.50 for tax. But when I go and put in April's spreadsheet then it's deducted by 508! By the time I get to June I'll have no salary left :) What am I doing wrong?
Oh I see that entry in the menu now. OK I will apply for and import that. How will that affect the problem I'm currently having. I just rang them to clarify my tax credits, so at least they are right.
People always make mistakes entering data into Payroll. We're planning on deleting the manual entry forms and just pushing people to the P2C file. Here is a guide you should read. The instructions for P2C's etc are all on it. Once revenue send it to you just import it into Bullet and you're account will be setup right. Tax is cumulative with cut off points, so it's never the same. Just use the P2C file and everything will be perfect. :) Pete
Just import the file and everything will work. Payroll is complex and has all kinds of cut off points etc. The P2C file is set by revenue so if it's wrong it's revenue. But, revenue are always right!
Pete I don't see a mention of the p2c file in the document and all of the Revenue numbers are lo call. I'm based in the Netherlands. I'm logged into ROS - but can't see where I can download that either. No one responds to my 'MyInquiries' emails either
Page 8 of the doc, you need to register yourself as an employee. Go to revenue and click on contacts and click on your district and you'll find a number you can call. They'll mail you when it's on ROS. You can ring, call, send them a letter. Tks P
Sorry Pete, I got the P2C file from ROS but when I try to upload it to BulletHQ it says "Invalid Data This P2C file appears to contain invalid data. Has it been modified since downloading from ROS?" I haven't touched it. Do you have any ideas?
Hi Pete (sorry I'll be out of your hair soon), I've tried to create the two payslips again but still my take home pay in Feb is 2,287 and in March it's 1992.58. I don't understand this.
Tax is cumulative, there are cut rates (marriage allowance, tax free credits etc) , different breaks, 12 months in the year etc etc. No One ever gets the same salary
No no. So you get a tax free allowance of 2k. Month one pay yourself 1k, tax 0K (1k from your tax free allowance) Month two pay yourself 1k, tax 0k (1k + 1k from your tax free allowance) Month three pay yourself 1k, tax 45% (0k left in your tax free allowance) There are lots of breaks like that in Tax.
Here is a guide you should read. The instructions for P2C's etc are all on it. Once revenue send it to you just import it into Bullet and you're account will be setup right.
Tax is cumulative with cut off points, so it's never the same. Just use the P2C file and everything will be perfect. :)
Pete
Go to revenue and click on contacts and click on your district and you'll find a number you can call.
They'll mail you when it's on ROS. You can ring, call, send them a letter.
Tks P
This P2C file appears to contain invalid data. Has it been modified since downloading from ROS?"
I haven't touched it. Do you have any ideas?
So you get a tax free allowance of 2k.
Month one pay yourself 1k, tax 0K (1k from your tax free allowance)
Month two pay yourself 1k, tax 0k (1k + 1k from your tax free allowance)
Month three pay yourself 1k, tax 45% (0k left in your tax free allowance)
There are lots of breaks like that in Tax.
Pete