| Statutory Pay Recovery Values | Record the amounts you recovered on your previous payroll system. Go only up to the date that you migrated your payroll data to your new Payroll. As a small employer, you can reclaim 100% of the statutory payment amounts you paid during the tax year. This is due to Small Employers' Relief. Otherwise, you can reclaim 92%. These values are on the Employer Payment Summary (EPS). These values reduce your PAYE, NIC, and Student Loan liabilities to HMRC. |
| Statutory Pay Compensation Values | If you’re classed as a small employer, you can receive an extra 3% small employers' relief from HMRC. You can claim back statutory payment amounts you paid to employees during the tax year. Record the compensation amounts you received from HMRC. Only use the value up to the date that you migrated your payroll data to Payroll. |