Hi All
I was wondering if you could assist me - I've recently started using 12Pay for my payroll system.
I want to pay a pension to an employee and therefore have selected added 'Pension (Gross %) on the Add Payment / Deduction option.
I haven't entered any info in the 'Hours, Rate and Employer Rate' fields - however in the Sequence field I have a default of 160 and I've entered the Pension Contribution that I hope to pay in the 'Pay' field e.g. £170
I intend to pay the pension contribution on top of the employee's salary, therefore the contribution will not be deducted from their pay.
Have I set this part up correctly for the employee? As when I view a payslip it would appear that this Pension Contribution isn't included in the PAYE or NI - the regular employer contributions have increased very slightly (£45).
Any help would be appreciated.
Many Thanks
Qubix Technology