Payroll miscalculating NI
To paint the picture: I started running in payroll in Jan 25, it's just me as director, so fairly straightforward. I have all the usual settings for running director's payroll, I.e National Insurance letter-A, standard tax code, cumulative and annual, etc. I'm set up for irregular adhoc payments, based on weekly payments. So some weeks there's nothing and others have varying amounts. My aim is to keep the amounts under £9,100 threshold for employer's NI contributions as I'm sure many director's do. Between Jan and Mar this year, all the payroll payments I did make were absolutely fine, showing no contributions for either employer or employee as you'd expect (kept under £9100 total). Now comes the issue. I went to run a payrun the other day in the last week of the financial year (prior to Apr 5th), but it started calculating as if the amount I was entering was the amount paid every week... showing big tax and NI contributions. I did some investigation and this made sense as when entering £175 it showed zero contributions, but they started appearing at £176 (£175 is 9100/52 weeks). I thought possibly it was a quickbooks-ism for the last week of the tax year. However, now we're in the new tax year, with all cumulative totals reset, it's showing big contributions for amounts way under the 9100 annual allowance. Any ideas...?
