Year to date figures month 1

SOLVED

our P32 differs from the HMRC month 1 Liability, their liability is more, our income tax figures match and are correct, but Student loan and NIC are incorrect, i have checked my reports for each week against what i submitted in my full payment submission, my reports match the submission. i have spoken to the revenue and explained my figures and cannot see the where the extra liability is, they were not sure why this had happened,  they agreed no extra liability was due, but said i need to correct /update my year to date figures for my employee and this will update them. but i am not sure how this can be done,  help please, or maybe i need to ring the HMRC back and get someone else who can explain what i need to do.  Thanks 

Parents
  • If they are suggesting that you correct your YTD values for the Student Loan and NIC for that tax year, to do this if you change your process date to 05/04/24 to put your payroll in that tax year.  If you then open the employee record and select the employment tab and then Select YTD Values, you can amend NI figures on the NIC tab and if you then select the Other YTD tab and you will be able to amend Student Loan figures on here.

Reply
  • If they are suggesting that you correct your YTD values for the Student Loan and NIC for that tax year, to do this if you change your process date to 05/04/24 to put your payroll in that tax year.  If you then open the employee record and select the employment tab and then Select YTD Values, you can amend NI figures on the NIC tab and if you then select the Other YTD tab and you will be able to amend Student Loan figures on here.

Children
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