If you run a weekly, 2-weekly or 4-weekly payroll, Nest require you to take some additional steps at payroll year end.
Do this before processing your payroll in the new tax year.
If you have a monthly pay run, you will not need to follow these steps.
If you have any difficulty with any part of this process, contact Nest at nestpensions.org.
In Week 53 you must process the extra pay run at the end of the tax year. Do this in the same way you process a normal pay run.
Ask to change your Pay Reference Period dates to match Sage Payroll.
You’ll then be able to submit your pension file from within payroll.
You need to notify Nest there are no contributions to report for week 53.
You enter zero contributions into the week 53 payment schedule on your Nest portal.
If there’s no week 53 payment schedule, you can create one.
You only need to set up new groups for the start of the new tax year if you have a:
2-weekly and 4-weekly payrolls use dates to align the tax periods to match payroll.
If your groups are already using these dates, you don’t need to do anything further. Ignore the rest of this article.
Once you've set your groups up within Nest, transfer your employees into the new group.
This Nest article applies to all pay frequencies.
You can edit your group name in payroll to match Nest if you need to.
Once you’ve created or edited your group, assign it to each employee during the first pay run.