FAQ hub.

Welcome to the YPM Client FAQ hub.

Here you will find answers to our most frequently asked questions covering a range of subjects.

Tax codes are issued by HMRC to each employee, these can change each year and during the year. HMRC will issue new tax codes if circumstance change for the employee.
Reasons tax codes change are below but are not limited to:

You have more than one income stream from an additional job and/or pension

State Pension amount changes

Your on-job benefits have changed

You started claiming marriage allowance

As payroll specialist or employer we cannot speak to HMRC about a tax code change due to data protection. Only the employee can speak to HMRC directly regarding a tax code change.
Why if HMRC do RTI does it take so long for payments to show/clear on my government gateway?

Although HMRC call it real time information that is because we have to report it to HMRC as RTI. HMRC only update there system the 12th of every month.

Packed with useful information on how we can help make your life easier.

To be eligible for SPP you must meet the following criteria:

Employees must be - Father; husband or partner of the mother; child`s adopter; intended parent

Have been continuously employed by you for at least 26 weeks before (any day) on the qualifying week.

Earn £123 (Gross) per week in any 8 week relevant period.
SSP can be either 1 or 2 weeks consecutive weeks leave after the baby is born.

SPP is £184.03 a week or 90% of their average weekly earnings.
To claim back the PAYE, this is done via your PAYE bill so your PAYE liability will be reduced.

If the company claims Employers Relief the company can claim back 103% (SMP + Employers NI).
Companies can apply to HMRC for an advance on the SMP Payment which will be paid into the business account to pay the staff member each month.

Advances can be applied for up to 4 weeks before the first payment is due.

To be eligible for SMP you must meet the following criteria:

Been on the the payroll in the qualify week which is the 15th week before the expected week of childbirth.

Have been continuously employed by your employer for at least 26 weeks before (any day) on the qualifying week.

Earn £123 (Gross) per week in any 8 week relevant period.
They will get SMP for 39 weeks but eligible employees can take up to 52 weeks with the last 13 weeks being unpaid.

The first 6 weeks they will get 90% of their average weekly earnings.

For the remaining 33 weeks they will get £184.03 or 90% of the average weekly earnings whichever is lower.
To claim back the PAYE, this is done via your PAYE bill so your PAYE liability will be reduced

If the company claims Employers Relief the company can claim back 103% (SMP + Employers NI)
Companies can apply to HMRC for an advance on the SMP payment which will be paid into the business account to pay the staff member each month.

Advances can be applied for up to 4 weeks before the first payment is due.

Employment Allowance is a benefit given by the government to help employers reduce their annual employers NI liability. It is worth maximum of £5000 so you will pay less employers NI until the £5000 has gone or the end of the tax year (whichever comes first).
If your Class 1 NI liabilities were less then £100,000 in the previous year.

If you are part of a group or connected companies the total combined Class 1 NI for all companies must be less than £100,000.

If only one Director and no employees are on the payroll you cannot claim, but if two directors with a minimum of £1047.50 per month then EA can be claimed.
If you believe you were eligible but haven't claimed, you can put a claim in for the previous 4 tax years.
Any Business qualifies for small employers relief that has paid £45000 or less in class one NI in the tax year before (Not including EA reduction).