::: Able Internet Payroll :::

Understanding Week 53 Payrun

What is a Week 53 payrun?
Depending on your payroll schedule, there are typically 52 weeks in a tax year for weekly pay frequency, 26 for 2 Weekly, and 13 for 4 Weekly pay periods. However, some years may include an additional week, resulting in 53 weeks for weekly pay, 27 for 2 Weekly, or 14 for 4 Weekly. In such cases, an extra pay run may be necessary. Our payroll software is equipped to handle this scenario, ensuring accurate calculations for your payroll needs.

When does Week 53 occur?
For the tax year 2023-2024, due to it being a leap year, Week 53 falls on Thursday 4th April and Friday 5th April. Since many employers typically pay on Thursdays or Fridays, there will be more Week 53 pay runs processed this year than usual.

Steps to Handle Week 53 in our Payroll Software?
Once you've completed Week 52, our payroll software will automatically generate a Week 53 (for weekly pay), 2 Weekly 27 (for 2 Weekly pay), or 4 Weekly 14 (for 4 Weekly pay) in the respective pay period drop-down lists, if the aforementioned pay dates have been utilised.

Please Note:
If you do not fall within the mentioned category and the pay period drop-down lists do not display Week 53 (for weekly pay), 2 Weekly 27 (for 2 Weekly pay), or 4 Weekly 14 (for 4 Weekly pay), there is no action required on your part.

Regards
Support Team

Your Latest Mobile Payslip Is Now Available

Dear Users,

Good news, your employees can now view and print their Payslips from a mobile device without additional cost.

Mobile Payslips and a Payroll Communicator will soon become an inbuilt feature of the payroll. All employees will now be automatically issued with a mobile payslip without the employer needing to specifically sign up for it. Once you activate the account you will be able to further use the system to communicate with your employees and vice versa.

How Does It Work?

After you completed your payrolling process and clicked on to email the payslip the mobile payslip will only be made available at the same time. The email payslip and mobile payslip are the same payslip except the mobile one has a Communicator function built-in.
An employee who wishes to view/print their payslip will need to download the Mobile App provided by our business partner at www.netpaydue.com
An issued payslip becomes an employee's asset and will be owned by the employee permanently in the mobile system.
Opt-Out of Mobile Payslips: If you do not wish any employee to receive mobile payslip, please remove thier email within the next two weeks. The system will invite any employee who has provided an email address to sign up to download the Mobile App for payslip. Alternatively, you have to stop using the payroll system to avoid mobile payslips.
We strive to provide you with better services, so please do give us your feedback on this Mobile Payslip and Payroll Communicator system.

Thank you for your attention,
Regards
Support Team

Start New Tax Year 2025-26

Dear Valued Users,

Please be informed that from 25th March 2025 you will be able to complete your annual Final Submission of the Tax Year ( FSY ) and move your account to the new tax year starting on 6th April 2025. It is imperative to complete your FSY submission by April 19th, 2025, to avoid incurring any late filing penalties.

Good News. Our system will facilitate the automatic update of all your employee tax codes for the upcoming tax year, alleviating the need for manual adjustments. However, we encourage you to diligently review any updates for accuracy.

Key Dates to Remember:

Availability for the Start of New Tax Year Process : 25th March 2025
( the date you can start filing your Final Submission of the Tax Year ( FSY) to HMRC )

Deadline for Final Submission of the Tax Year ( FSY) : 19th April 2025
( the date penalty will apply if you failed to complete FSY)

A. Steps to follow for starting the new tax year 2025-26

1. How to start new tax year? ( Click here to view Demo )
Start New Tax Year means wrapping up (closing) the current tax year data and moving on to start processing the pay for the new tax year beginning from 6th April. However the option to start the new tax year in our service is available only after 25th March of the Tax year.

2. Final Submission of the Tax Year ( Click here to view Demo )
You are required by law to do a FINAL SUBMISSION FOR THE TAX YEAR (FSY), similar to EOY, before you start the RTI for the New Tax Year.
We enable you to do this by submitting a Final Employer Payment Summary (Final EPS).

3. FSY via EPS (Final EPS)
Final EPS submissions should be submitted to HMRC by 19th April. HMRC will still accept a Final EPS after the 19th but you may incur late filing penalties.
Click here for more details on submitting the Final Submission of the Tax Year to HMRC.

4. FPS (Last FPS)
Last FPS should be submitted to HMRC on or before your last pay date of the tax year which is 5th of April. You will not be allowed to submit the last FPS if the payment date you enter doesn't fall within the tax year. In case of any corrections, you need to report those using a YTD FPS (Year to Date FPS).

5. How and where to print or email P60 ? ( Click here to view Demo )
Go to Reports in the Tasking Zone, then further select Payslip, Payroll and PAYE - View Print. Then select P60 and the tax year and then the employees as appropriate for whom you would like to print or email P60.

B. Information for the New tax regime, NIC Rates and BIK etc.,

1. Your employees' new tax codes have been automatically updated. ( Read More )

2. They are new Contribution Rates for tax year 2025-26 for the items below ( Read More )

2.1. PAYE tax and Class National Insurance contributions
2.2. Tax thresholds, rates and codes
2.3. Class 1 National Insurance thresholds
2.4. Class 1 National Insurance rates
2.5. Class 1A National Insurance: expenses and benefits
2.6. Class 1A National Insurance: termination awards and sporting testimonial payments
2.7. Class 1B National Insurance: PAYE Settlement Agreements (PSAs)
2.8. National Minimum Wage
2.9. Statutory Maternity, Paternity, Adoption, Shared Parental, Parental Bereavement
and Neonatal Care Pay
2.10. Statutory Sick Pay (SSP)
2.11. Student loan and postgraduate loan recovery
2.12. Company cars: advisory fuel rates
2.13. Employee vehicles: mileage allowance payments
2.14. Employment Allowance
2.15. Apprenticeship Levy

<< Click here for more information on Tax Year 2025 - 26 Changes >>