Payroll

SOLVED

Hi

When should Wk1Mth1 be ticked on Bus Cloud payroll?  Is it only during the first month of employment or should it be ticked when a new tax code (for an existing employee) is received - and remain ticked until the end of the tax year?

Thanks

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  • verified answer

    Hi Aline,

    Thanks for using Community Hub.

    If the tax code that you have received has 'W1' or 'M1' at the end of it you would tick the box on their employee record, the W1/M1 button makes any tax based on the amount they're paid at the time rather than cumulative which is the normal way of calculating tax.

    So to recap you would only tick the W1/M1 if directed by their tax code for example '577L W1' or '577L M1'

    If this has answered your question please click "Verify Answer"

    Regards, 

    David Bulman

    Sage UKI

Reply
  • verified answer

    Hi Aline,

    Thanks for using Community Hub.

    If the tax code that you have received has 'W1' or 'M1' at the end of it you would tick the box on their employee record, the W1/M1 button makes any tax based on the amount they're paid at the time rather than cumulative which is the normal way of calculating tax.

    So to recap you would only tick the W1/M1 if directed by their tax code for example '577L W1' or '577L M1'

    If this has answered your question please click "Verify Answer"

    Regards, 

    David Bulman

    Sage UKI

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