Electronic Program Updates

As a user of our software you are probably entitled to update it to the latest version at any time, the only proviso being that the software is covered by current software maintenance. To have current maintenance, the software should be within it’s original cover period from sale (usually a year), under maintenance contract or under a rental agreement.

  • We are continually refining and developing our software. Updates can be done on as much as a daily basis. We don't 'hold back' software for specific release dates - our software is released as and when it has been written and tested.

Click here for instructions on how to install your program update.

  • Keep up to date with the latest software changes with our news.

Export to QuickBooks

This addition to the Data Export module enables users to export Customer records, Sales Invoices and Credits in CSV file format. These can then be imported into the QuickBooks Online accounting package.

Payroll Updates - NI Contributions rates from 6 November 2022

In the Chancellor's September statement there was an announcement of the cancellation of the Health and Social Care Levy, and in-year reductions in National Insurance contributions rates.

This Platinum update makes the necessary adjustments to the "Payroll" module.

  • This update should be installed only when you are ready to process payroll for pay dates of 6th November or later and have completed processing of all pay dates before this.

Xero Export

This addition to the Data Export module enables users to export Customer records, Sales Invoices, Credits and Payments to create CSV files. These can be imported into the Xero accounting package.

Payroll Updates - NI Primary Threshold from 6 July 2022

In the Chancellor's annual Spring Statement speech he announced that the National Insurance Primary Threshold for Class 1 NICs will be increased from 6 July 2022.

This Platinum update makes the necessary adjustments to the "Payroll" module.

  • This update should be installed only when you are ready to process payroll for pay dates of 6th July or later and have completed processing of all pay dates before this. For monthly paid this is period 4. For weekly paid this is period 14.

Payroll Updates - Employment Allowance

In the Chancellor's annual Spring Statement speech he announced that the Employment Allowance will be increased by £1,000 from 6 April 2022 to £5,000.

This Platinum update makes the necessary adjustments to the "Payroll" module.

  • The Chancellor also announced that there will be an increase to the National Insurance Primary Threshold for Class 1 NICs from 6 July 2022. There will be a further Platinum update later in the year to make the necessary adjustments in the "Payroll" module. Be sure to look out for it nearer the time. It will be announced on Platinum Updates news when ready.

Payroll Year-Start 2022/23

Changes to Platinum's "Payroll" module that allow you to start processing the year 2022/23, including:

  • Printed report P11 has been updated for the new tax year.
  • Updated England and Northern Ireland PAYE tax rates and bandwidths for 6th April.
  • Updated Scotland PAYE tax rates and bandwidths for 6th April.
  • Updated Wales PAYE tax rates and bandwidths for 6th April.
  • Updated Class 1 National Insurance Contributions rates, including the temporary uplift pending the introduction of the health and social care levy next year.
  • Standard issued payslips have been amended to include the message "1.25% uplift in NICs funds NHS, health & social care".
  • Updated SSP rates.
  • Updated SMP/SAP/SPP/ShPP/SPBP rates.
  • Updated Collection of Student Loans "Plan 1", "Plan 2", "Postgraduate Loans" and "Plan 4" thresholds and rates.
  • Operating PAYE in real time, aka Real Time Information - or RTI:

    • Full Payment Submission (FPS), which happens automatically when you close off a period, has been updated for the year 2022/23.
    • Employer Payment Summary (EPS) has been updated for the year 2022/23 (to clarify this, the year is included in the option name).
    • If you have not yet submitted your final EPS for 2021/22 then you can still do this by selecting the "2021/22 Final submission for the year" box, or going to "End of Year Payroll Routines" -> "Employer Payment Summary".
  • See Payroll End of Year for more information, including details of changes you must make yourself that are not handled automatically, including:

    • Altering employee tax codes.
    • Taking employees off week 1/month 1 tax.
    • If you use your own custom payslips, then for this year (only), they should have the following text added: "1.25% uplift in NICs funds NHS, health & social care".
    • Check your pension settings to ensure contributions are based on the correct percentages and earnings limits. If you have an auto-enrolment scheme paying the minumum contributions, the earnings limits announced by the Department for Work and Pensions are different to previous years and your pension settings will need to be amended.
  • For employers who have chosen to opt in to the system of deducting tax for certain expenses and benefits in kind through the payroll, you must record details of company car and fuel benefits in the payroll to be included in your Full Payment Submissions (FPS). See How do I Record Benefits in Kind? for more information.

Payroll Year-End 2021/22

Changes to Platinum's "Payroll" module that allow you to process your end-of-year 2021/22, including:

  • Printed report P60 has been updated.

    • Platinum now prints directly on to plain paper - you no longer need to obtain HMRC stationary.
  • Look out for the 2022/23 Year-Start update coming soon! This will allow you to move on to start processing the new payroll year.

Nominal Review

It is now possible to limit the search to a certain type of balance sheet or profit and loss centre.

Extra columns are now shown for the nominal centre's type indicator, group and divisions.

Extend Nominal Ledger Transactions Capacity

We have upgraded the capacity of the nominal ledger transactions database to support the needs of some of our growing customers.

Platinum Online - Media Categories

The Media Manager options in Platinum Online now allow attached media and signatures to be categorised. The available categories are set up within Platinum and can be used to designate attached files for particular purposes.

12.5% Temporary Reduced Rate of VAT for Hospitality, Holiday Accommodation and Attractions

We have increased the number of system VAT codes in order to support the introduction of the 12.5% temporary reduced rate for hospitality, holiday accomodation and attractions businesses. For more information see How do I edit VAT rates? for how to add a new VAT rate to your system. We suggest you retain the 4 rates already in place and use the additional rates, added as part of the above update, to allow you to introduce the 12.5% VAT rate.

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