Basic PAYE - how to enter redundancy - The Book-keepers Forum (UK)

Post Info

TOPIC: Basic PAYE - how to enter redundancy

Newbie

Status: Offline

Posts: 4

Date: Fri Oct 21 17:53 2022

Basic PAYE - how to enter redundancy	Permalink

Hi John the bookkeeper here with question re how to use Basic PAYE in context of redundancy. Paye basic user manual re leavers says leaver process does not apply to redundancy, but does not appear to contain a section covering it. How do I enter redundancy in Basic PAYE please (if not, what do I do instead)? Context Husband & wife limited. Wife is classed as employee paid monthly salary (below NI threshold). Husband is sole shareholder & director at £0 pay (takes dividends only) Husband was removed from payroll 2 years ago, so free payroll software was "required". Hence switch to Paye Basic as she is the only employee. The husband is retiring, and the company is being dissolved. I believe the wife is entitled to statutory redundancy. It would be approx £1,100 which would obviously trigger NI if I entered it as a "simple" leaver. The payroll will obviously cease, so I must do something...? (Accountant resents bookkeepers and will not help, but "loves" pointing out errors) -- Edited by John the booky on Friday 21st of October 2022 05:57:06 PM -- Edited by John the booky on Friday 21st of October 2022 05:57:55 PM -- Edited by John the booky on Friday 21st of October 2022 05:59:57 PM __________________ John

Page 1 of 1 sorted by

Quick Reply
Please log in to post quick replies.

Members Login

©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy About