Settings and activity
2 results found
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585 votes
Hi everyone, thank you all for your support and engaging to let us know the importance and use you'd have in being able to receive bank feeds for Charities Aid Foundation(CAF) bank.
We're pleased to share that our provider Tink is building this at present and we're currently testing with a small group of users.
We appreciate your interest, and look forward to getting this in your hands soon. I'll be back to share more news as things progress. Thanks
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133 votes
Hi everyone, thanks for all of your engagement with this idea. We appreciate you taking the time to share your thoughts on being able to claim previous year's employment allowances in Xero.
We understand this would save time and provide a more complete payroll solution.
As noted by others in this thread, the current workaround is to process prior year claims using HMRC's Basic PAYE Tools.
We've reviewed our upcoming development roadmap, and at this time building the functionality to process prior year Employment Allowance claims is not in our immediate pipeline.
We will keep this idea under consideration for future development, and should our plans change, we will provide an update here.
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Chris Dale
commented
It looks like it is possible to reset the claim indicator (either YES or NO) for earlier years through Xero as in June Xero took the YES and turned it to NO for the previous year at HMRC. I have done the accounting entries via manual journal as we cannot redo the P32 etc for the earlier year in Xero.
Chris Dale
supported this idea
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The trap has been when a new HMRC payroll year starts, Xero resets the Employers Allowance to NO automatically. This makes sense as HMRC needs a definitive claim to be decided for each year.
My clients who run their own payrolls can miss this and if not astute go the whole year without claiming (and overpaying).
One solution may be to put in a warning to the user on the first pay run in the new HMRC payroll year to state definitively if the Employment Allowance is to claimed or not (and if unsure ask the accountant). Currently it is in the end of year roll over for payroll but not an obligatory decision.