The Job Retention Scheme Module - Calculation videos

Summary

This article contains videos covering the calculations the Job Retention Scheme Module performs in Sage 50 Payroll.

Description

To help you understand the calculations in the Job Retention Scheme Module, we've put together some handy videos.

If you'd like to read more detail about the calculations, check our Job Retention Scheme Module calculations guide >

The information below is based on Government guidance that reflects the rules up 31 October 2020.

Resolution

Calculate pay for an employee with fixed earnings
Calculate pay for an employee whose earnings vary
Employer's pension and NI calculation
Calculate furlough pay when paying in arrears
Why is the furlough pay value higher than the reference earnings?
How salary sacrifice impacts furlough pay calculations
Calculating pay for part-furloughed pay periods
Flexible furloughing - From July 2020
Calculations from September 2020
Calculations from October 2020

Calculate pay for an employee with fixed earnings

Calculate pay for an employee whose earnings vary

Employer's pension and NI calculation

Calculate furlough pay when paying in arrears

Why is the furlough pay value higher than the reference earnings?

How salary sacrifice impacts furlough pay calculations

Calculating pay for part-furloughed pay periods

Flexible furloughing - From July 2020

Calculations from September 2020

Calculations from October 2020

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Disclaimer: This article provides general rather than specific guidance to assist all of our customers. We always do our best to make sure that the information is correct but as it's general guidance, no guarantees can be made concerning its suitability for your particular needs. The information is valid at the time of publishing and is provided without any warranty of any kind, express or implied. You should take professional advice if you require specific guidance on your individual circumstances, for example to ensure that the results obtained from using our software comply with statutory or regulatory requirements. For Employers, PAYE, NIC and general tax enquiries you should call the HMRC helpline on 0300 200 3200 or visit their website at www.gov.uk In no event will we be liable to you for any direct, indirect, consequential or incidental loss or damage arising out of or in connection with your use of the information provided.