Recent Software Developments
Listed below are a number of the key enhancements that have been added since the initial release of axis diplomat 2016 and axis payroll 2016.
axis payroll 2016
Known As field added to Employee Records
Available to all axis payroll 2016 customers
Release Date: 23/10/2017
Employee Records within axis payroll have been extended to include a "Known As" field. This is useful for those employees who are generally known by a middle name, abbreviation or nickname.
Apprenticeship Levy
Available to all axis payroll 2016 customers
Release Date: 01/03/2017
From 6th April 2017, the Government is introducing an Apprenticeship Levy to help to fund and grow the apprenticeship programme.
The levy applies to all employers operating in the UK and is charged at 0.5% of an employer's annual pay bill. However, an annual levy allowance of £15,000 is available to each employer to offset their liability. As a result, only employers with an annual pay bill of over £3 million will be required to report and pay the apprenticeship levy.
axis payroll has been updated to support reporting requirements for the levy.
Recording Employee Car Details
Available to all axis payroll 2016 customers
Release Date: 01/03/2017
If you are registered for payrolling Benefits in Kind (BiKs), from 6th April 2017 you will have the option to report car information for the tax year 2017/2018. For tax year 2018/2019 this will become a requirement for those employers payrolling BiKs.
axis payroll has been extended to allow recording of employee car details on the employee record and optionally submit this information in FPS submissions.
Payrolling Benefits in Kind
Available to all axis payroll 2016 customers
Release Date: 01/03/2017
In April 2016, the government introduced a voluntary framework to allow you to payroll most Benefits in Kind (BiKs).
One of the biggest benefits of payrolling in line with the framework is that you no longer need to submit P11Ds for payrolled BiKs.
axis payroll supports a “Benefit in Kind” pay component which will be included in taxable pay but excluded from amount paid.
For more information:
https://www.gov.uk/guidance/paying-your-employees-expenses-and-benefits-through-your-payroll