18/02/2014. Release Notes P11D

Transcription

1 18/02/2014 Release Notes P11D April 2018

2 Contents IRIS P11D Release Notes April Car and Car Fuel Benefit Changes... 3 New Working Sheet 2(b) form amendments for 2017/ Add/Edit Car Allocation screen... 3 Work Sheet Selection screen... 4 P46 (Car)... 4 Passenger Payments... 4 Change tax code format to allow D0-D9 and SD0-SD Official rate of interest

3 IRIS P11D Release Notes April 2018 Welcome to your software update for April These notes provide information on all the improvements. If you encounter any difficulties, please visit: All relevant forms and Working Sheets have been updated for the 2017/2018 tax year. The latest vehicle database has also been added. Car and Car Fuel Benefit Changes The appropriate percentage increases by two percentage points for cars registered on or after 1 January 1998 with an approved CO 2 emissions figure, to a maximum rate of 37% The appropriate percentage increases for Cars registered on or after 1 January 1998 without an approved CO 2 emissions figure to 18% for engine size and to 29% for engine size Over 2000 and rotary engines remain at 37% The appropriate percentage increases for all cars registered before 1 January 1998 to 18% for engine size and to 29% for engine size Over 2000 and rotary engines remain at 37% Diesel surcharge of +3% continues to apply, to a maximum rate of 37% for all calculations Car fuel benefit charge increases from 22,200 to 22,600 For further detail, click to open the P11D Guide Booklet New Working Sheet 2(b) form amendments for 2017/18 We have added the new Work Sheet 2b report and options to IRIS P11D. This is to cater for any Car and Car Fuel Benefit provided via optional remuneration arrangements (OpRA). The new report and options will apply as soon as you install the update. Add/Edit Car Allocation screen The update will add new Amount Foregone by employee for the car and Amount Foregone by employee for the car fuel fields to the Add/Edit Car Allocation screen. These new fields are only used for the new Working Sheet 2b report. Amount Foregone by employee for the car - any value entered in this field will be populated into Section 5 Field M of the new Work Sheet 2b report Amount Foregone by employee for the car fuel any value entered in this field will be populated into Section 8 Field S of the new Work Sheet 2b report The fields are monetary with a minimum value of 0.00 and a maximum value of

4 Work Sheet Selection screen In the Reports Work Sheet Selection screen there is a new indicator and tick box labelled Work sheet 2b Car and car fuel benefit provided via optional remuneration arrangements Tick this box and then Print, to produce the new Working Sheet 2b form for the selected employee, if the form is due P46 (Car) The Cash foregone in respect of the car field of the P46(Car) form will be populated with the value held in Add/Edit Car Allocation Amount foregone by employee for the car. Passenger Payments Passenger Payments are no longer reported via P11D. Amounts exceeding the exempt limit of 5p p/m should be processed via payroll. References to Passenger Payments have been removed from the software, including: Working Sheet 6 P11D form Change tax code format to allow D0-D9 and SD0-SD8 We have updated Tax Code validation to allow D0 to D8 and SD0 to SD8 tax codes in IRIS P11D, if an appropriate matching tax band is introduced in the future. Official rate of interest Official rate of interest is 2.5% for 2017/

5 Additional Software and Services Available IRIS AE Suite The IRIS AE Suite works seamlessly with all IRIS payrolls to easily manage auto enrolment. It will assess employees as part of your payroll run, deduct the necessary contributions, produce files in the right format for your pension provider* and generate the necessary employee communications. IRIS OpenPayslips Instantly publish electronic payslips to a secure portal which employees can access from their mobile phone, tablet or PC. IRIS OpenPayslips cuts payslip distribution time to zero and is included as standard with the IRIS AE Suite. IRIS Auto Enrolment Training Seminars Choose from a range of IRIS training seminars to ensure you understand both auto enrolment legislation and how to implement it within your IRIS software. Useful numbers HMRC online service helpdesk Tel: Fax: helpdesk@ir-efile.gov.uk HMRC employer helpline Tel: Tel: (new business) Contact Sales (including stationery sales) For IRIS Payrolls Tel: sales@iris.co.uk For Earnie Payrolls Tel: earniesales@iris.co.uk Contact support Your Product Phone IRIS PAYE-Master payroll@iris.co.uk IRIS Payroll Business ipsupport@iris.co.uk IRIS Bureau Payroll ipsupport@iris.co.uk IRIS Payroll Professional payrollpro@iris.co.uk IRIS GP Payroll support@gppayroll.co.uk IRIS GP Accounts gpaccsupport@iris.co.uk Earnie or Earnie IQ support@earnie.co.uk IRIS & IRIS Software Group are trademarks IRIS Software Ltd 06/2015. All rights reserved Call: for IRIS or for Earnie Visit: iris.co.uk