Annual PAYE schemes - Moneysoft

Annual PAYE schemes - Moneysoft

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Moneysoft does not handle annual PAYE schemes. Are there any Moneysoft users who have annual schemes? If so how do you operate them? Does any other software handle annual schemes?

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Euan's picture
By Euan MacLennan
22nd Sep 2014 14:09

Have a look at ...

... this thread from 18 months ago - it will give you some pointers.

However, some of us are suspicious of Annual Schemes:

does the director really only pay himself (and everyone else on the payroll) only once a year or are you just trying to avoid monthly RTI reports when the director is actually drawing salary every month?do you specify March as the month of payment, in which case you run the risk of loans to shareholder/directors on any drawings earlier in the tax year, or do you specify April as the month of payment, in which case you cannot alter anything if circumstances change later in the tax year?what is so difficult about filing RTI reports monthly using the Moneysoft RTI batch processor - it takes only a couple of mouse clicks?

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Morph
By kevinringer
22nd Sep 2014 14:51

Agreed re suspicions

New client - I've not yet seen the books, just making enquiries. I agree monthly RTI not a problem. I recon I'll end up doing that anyway.

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