Settings and activity
5 results found
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12 votes
An error occurred while saving the comment Monica Gilbertson supported this idea · -
13 votesMonica Gilbertson supported this idea ·
An error occurred while saving the comment Monica Gilbertson commentedWe too want Xero to be able to calculate SMART salary sacrifice, whereby the NI saving from salary sacrifice is also added to the employee pension element. We have a very complicated spreadsheet that calculates this but this means in Xero we have to enter the employee contribution as a fixed amount, rather than just a percentage - and when NI rates change, we have to recalculate and change every employees' contribution manually.
Pension providers give salary sacrifice online calculators online so Xero should be able to replicate the calculations involved
e.g.https://www.legalandgeneral.com/retirement/pensions/workplace-pensions/calculators-and-tools/salary-sacrifice-calculator/
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15 votes
An error occurred while saving the comment Monica Gilbertson commentedI agree, this is really basic information that I have been asked for.
There should be a report that shows employee info such as name, sex, date of birth, start date, address, salary, etc, etc -
1 voteMonica Gilbertson shared this idea ·
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96 votes
An error occurred while saving the comment Monica Gilbertson commentedYes please - should default to the latest HMRC rate (45p) - but also allow Admin to override this if company does not pay full rate (we do and so will 99% of businesses I think)
Monica Gilbertson supported this idea ·
I have exactly the same opinion as Janette on this. Why is there a column for AVC but nothing goes into it?