Once you've processed your payroll year end, there are a few things you need to do before you start processing payroll in the new tax year.
Produce year end control reports
As part of your payroll year end process, there are several reports we recommend you produce before you process in the new tax year.
Review the company calendar
Before you can process payroll in the new tax year, you need to ensure the company calendar is set up correctly, including a week 53 if you have one.
New legislation
To familiarize yourself with the new rates and ensure the software calculations are correct for the new year, we recommend you review the rate changes and software changes.
There are also some rates you need to manually update, as well some some settings to configure.