1. Prepare for payroll year end

Summary

This guide helps you to prepare for payroll year end in Sage Instant Payroll.

Description

This is step one of four to completing your Payroll year end.

You can see all four steps in our year end hub >

Before processing year end, you must complete the two simple steps below first.

Resolution

1. Check if you have a week 53

If you pay your employees monthly, you don't have a week 53.

You will only have a week 53 if your pay date is Tuesday 5 April 2022 for your weekly, two weekly or four weekly payroll. This extra pay run is commonly known as week 53.

2. Process your final pay period

There are several key tasks you must carry out in order to process your final payroll and ensure all of your year end values are correct:

Process, assess and finish payroll for your final pay period for all pay frequencies in the 2021/22 tax year.
Process any leavers who left on or before 5 April 2022.
Send your full payment submission FPS as usual, on or before the date your employees receive their pay.
This isn't your final submission for the tax year. You make the final submission when you process your year end.

If required, you should also submit your employer payment summary (EPS) from month 12.

Next steps

Congratulations, you're now prepared for a successful year end.

Your next step will be to install the year end update to produce your employee P60s when processing year end. Install the latest version >

Solution Properties

Solution ID: 200427112435670
Last Modified Date: Wed Jul 06 14:52:15 UTC 2022
Attributes: Product Details
Modules: Report Writer
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