For employers who are choosing to opt in to the new system of deducting tax for certain expenses and benefits in kind through the payroll, this feature will help you put these through your payroll as a special kind of payment rate.
- "Payroll" ->
- "Payroll Maintenance" ->
- "Payroll Settings" ->
- "Company Parameters" ->
- "Payment Defaults" option, you can now set a payment as a benefit type of payment.
A new option
- "Add or Edit Expenses and Benefits" is now available in
- "Run Payroll Period" where you can set up expenses and benefits in kind for individual employees. The expenses and benefits entered here will be automatically calculated and added to the employees' tax contributions for each payroll period.