Payroll - first pay date and pay period
I have just registered as an employer and want to set up payments for my first employee.
The employee started work on the last working day of May (31st) and I want to pay them on the last working day of June (29th).
The next pay date after that will be last working day of July (31).
In Quickbooks Payroll Schedule, what date do I put into the following fields:
'first Pay Date field' and ' for a pay period ending' ?
Is there any way to set up the payroll so it automatically selects a pay date of last working day of each month?
If I set up payroll to the last working day of the month, would HMRC classify this as a month for NI/Tax contributions? Even if some months are 28, 30, 31 days?
Or are NI/Tax contributions calculated between 6th of the first month to the 5th of the following month?
Any advice much appreciated.
