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Post Info TOPIC: SMP Query
haymac


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SMP Query
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Hi All,

 

I reluctantly agreed to process PAYE for one of my clients, usually steer well away from this but as it was only for 1 x employee !!

They have applied for and received an advance payment of SMP and I am about to process first RTI via HMRC Basic PAYE (their choice),  now do I process via FSP or ESP ?

Many thanks in advance for any pointers :)

 

 

 



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Cheshire


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Hi Julie
FPS I seem to recall.

How will you apply the payslip, as unless BT have updated their system for the new regs, my understanding is that they were not available on that software.

Might be worth persuading you client to pay for a Moneysoft (or other software) licence as the cost might be less than you manually producing payslips?

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
haymac


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Thanks Joanne,

Apparently it is both FPS and EPS !

Think I need to brush up on payroll, must be at least 15 years since I last did it.

Thanks again for your help.

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Leger


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Hi Julie, you've sussed it I think based on your reply but the SMP goes down on the payslip and RTI'd by FPS and you also identify the payment made and the 3% allowance (assuming a small employer) as an EPS.

Moneysoft has a section where you enter this but having never used Basic PAYE I don't know if they have summat similar.



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
haymac


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Thanks John, What a phaff payroll is ! Think I will stay with retail vat returns, far more straightforward :))

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Leger


Master Book-keeper

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No problem Julie

Isn't that strange, I absolutely love payroll, much more than I do accounts.



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
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