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Helen81
Level 2

How do i pay extra monthly payments towards a staff members pension, its currently set up via a percentage

We have two staff members that are getting a set monthly amount into their pension on top of the calculated percentage contribution. How do i implement this on the payroll package.
Solved
Best answer December 16, 2021

Accepted Solutions
Ashleigh1
QuickBooks Team

How do i pay extra monthly payments towards a staff members pension, its currently set up via a percentage

Hello Helen81, thanks for getting back to us on which version you are using in your account. So you would have to enter an adjusted % rate so that you get the correct figures or enter fixed amounts, you do this by :-

 

Entering zero %'s within the employee pension and then when you run the payrun you select actions within the employee and select HMRC adjustments and a field will appear and you enter the employee pension, select the box if its tax relief in and enter a fixed amount then select the actions> HMRC adjustments again another field will appear and you select the employer pension option and again enter a fix amount in then run the payroll. 

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3 REPLIES 3
GeorgiaC
QuickBooks Team

How do i pay extra monthly payments towards a staff members pension, its currently set up via a percentage

Hi Helen81, which version of the payroll are you using, Standard or Advanced

Helen81
Level 2

How do i pay extra monthly payments towards a staff members pension, its currently set up via a percentage

Hi its advanced

Ashleigh1
QuickBooks Team

How do i pay extra monthly payments towards a staff members pension, its currently set up via a percentage

Hello Helen81, thanks for getting back to us on which version you are using in your account. So you would have to enter an adjusted % rate so that you get the correct figures or enter fixed amounts, you do this by :-

 

Entering zero %'s within the employee pension and then when you run the payrun you select actions within the employee and select HMRC adjustments and a field will appear and you enter the employee pension, select the box if its tax relief in and enter a fixed amount then select the actions> HMRC adjustments again another field will appear and you select the employer pension option and again enter a fix amount in then run the payroll. 

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