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How do I set up an existing director mid year?

Article ID
10272
Article Name
How do I set up an existing director mid year?
Created Date
6th April 2018
Product
IRIS Bureau Payroll, IRIS Payroll Business
Problem

How do I set up an existing director mid year?

Resolution

In the Employee’s Record card, ‘Tax & Ni’ tab there is a ‘Director?’ tick box.

When you tick the box, the following question is asked: “Please Enter the Tax Week number that this person was made a Director”. You must enter the tax week number that the employee was appointed a director. Even for monthly paid directors you should still enter the week number.

This will set the start point for the director’s pro-rata year.


If the employee should have been a Director from a previous period an NI adjustment will need to be carried out.


Performing an NI Adjustment

Please Note: Before running an NI adjustment we strongly recommend creating a back up.

To perform an NI Adjustment go to the “Employee tab” and click on “NI Adjustment

You will see a table of the employees NI calculations per pay period for the tax year. Tick the “Dir” box for the period the employee should have been a director:

NI adjustment for director

If it’s a monthly payroll you will then need to confirm the tax week you want to apply this change from:

NI adjustment for director

When you click “OK” you will see the values turn red as the system recalculates the employees NI using directors rules:

NI adjustment for director

When you next calculate pay for this person any required adjustment in their NI contributions will be applied. You may see a higher NI deduction or even a refund depending on the employee circumstances.

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