PAYE93051 - Reconcile individual: end of year reconciliation: automatic reconciliation where code NT operated
Where a form P14 is received and a 바카라 사이트楶eriod of NT바카라 사이트� has been recorded in EMPLOYMENT SUMMARY for the tax year (see PAYE64040) and a NT code has been issued
- An automatic apportionment of the P14 pay will be done for the 바카라 사이트楶eriods of NT바카라 사이트� recorded
- Where no 바카라 사이트楶eriod of NT바카라 사이트� exists on the record, no apportionment will be done
- The newly calculated liable amounts of pay and tax will be used within the reconciliation calculation and will be displayed on the PAY AND TAX SUMMARY screen, and the P14 SUMMARY / END OF YEAR RECORD SUMMARY will display the details within the fields 바카라 사이트楥alculated Pay this Employment바카라 사이트� and 바카라 사이트楥alculated tax this Employment바카라 사이트�
- All employments that fall within the NT period will have the income and tax apportioned. If this is not as required the Inhibit Automatic Reconciliation indicator needs to be set
Note: Where there is no 바카라 사이트楶eriod of NT바카라 사이트� recorded in EMPLOYMENT SUMMARY the 바카라 사이트楥alculated Pay this Employment바카라 사이트� and 바카라 사이트楥alculated tax this Employment바카라 사이트� fields will not be displayed.
NI Only Employments
Under RTI, where an employer submits an FPS which shows both 바카라 사이트楾axable Pay to Date바카라 사이트� and 바카라 사이트楾otal Tax to Date바카라 사이트� of nil, but the employer continues to deduct National Insurance (NI) contributions, the individual바카라 사이트檚 employment record will be treated as 바카라 사이트楴I Only바카라 사이트�. See PAYE11010.
The 바카라 사이트楴I Only바카라 사이트� employment will be included within the reconciliation calculation issued for the year and will show 바카라 사이트楶AYE Pay바카라 사이트� of 拢0.00 and 바카라 사이트楾ax Paid바카라 사이트� of 拢0.00.