Sage 50 Payroll

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Pension based on basic pay

Posted By Wiliam Merrick over 8 years ago

I am trying to setup a pension scheme on Sage Payroll 50. On the employee tax I select percentage and it give me 3 options. I am not sure which one to pick as I only want the pay calculated on their basic pay excluding any bonuses or overtime. Can anyone help?

Steven Holden over 8 years ago

Hi William,

When you set up a pension scheme to calculate a percentage of the employeeâ€s wages, you can choose one of the following options:

â€¢ Apply to all Pensionable Earnings
â€¢ Restrict to Statutory N.I. Upper/Lower Bands
â€¢ Restrict to Specific Upper/Lower Bands

You can refer to Ask Sage article 13119 to help you decide which of these options is correct for your pension scheme:

support.sage.co.uk/default.aspx

If youâ€re still unsure you can check with your pension provider who will be able to confirm this for you.
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Sage 50 Payroll

Pension based on basic pay

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