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A
amprecisionaccou
May 12, 2023
Question

Employer allowance difference

  • May 12, 2023
  • 1 reply
  • 0 views

The Employer Allowance on my P32 isn’t deducting the full amount of Employer NICs for period 1. Why would that be? Using standard payroll. We are entitled to £5k allowance and I had no problems with differences last year. When QBs asks for the credit (of EA) used this tax year I’ve put zero. I just don’t understand why the EA isn’t deducting the full Employer NICs. The figure due on HMRC website is deducting full EA, so there isn’t an issue with HMRC. Hope someone can help. Many thanks. 

1 reply

C
ChristineJoieR
May 12, 2023

Yes, I agree with you. Employers are qualified to claim employment allowance up to £5000, @amprecisionaccou. Let's figure out why P32 isn't deducting the amount of the Employer's NIC in QuickBooks Online Payroll.

 

Please know that your shares rely on the portion of NICs rendered by each employee. It is also vital to know the NICs generated by workers every yearly taxation since the actual employer subsidy shift based on the employee's National Insurance category letter. 

 

In this case, we recommend utilizing the NIC calculator to verify if QuickBooks calculates it accurately. Then, review the employee record, if it is also updating the employment allowances.

 

I'll add this page for your additional guide to setting up the employment allowance: Set up Employment Allowance in QuickBooks Online Standard Payroll.

 

You can still add more replies here in this thread. We'll be there right away. 

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