Amending PAYE Modernisation parameters involves updating the settings and configurations that govern the calculation and reporting of employees' income tax in accordance with current taxation laws and regulations.
You need to perform this amendment whenever there are updates in tax rates, thresholds, or reporting requirements to avoid potential compliance issues and financial penalties.
This should be completed during regular payroll reviews or when new tax guidance is issued to ensure that the payroll system reflects the latest requirements and operates efficiently.
To learn how to configure the PAYE Modernisation parameters, watch the video or follow the steps below:
Click Manage Payroll then highlight the relevant pay group.
Click the Outputs tab then click ROS.
Click PAYE Modernisation.
Click Pay Code Parameters then amend the fields and toggles.
Click Pay Group Parameters then amend the fields and toggles.
Click Pension Scheme Parameters then amend the fields and toggles.
Click Employee Parameters then amend the fields and toggles.
Click PAYE Modernisation Parameters then review the configuration.
Click Load Digital Certificates then upload your files.
If required, review the Data Mapping tab then click the Company Parameters tab.
Update the Agent TAIN field as required, then click Save.