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New Sage 50 Payroll For the tax year 2012/2013 Payroll you can count on Business Partner What is Sage 50 Payroll? Sage 50 Payroll gives you the ...
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New Sage 50 Payroll For the tax year 2012/2013

Payroll you can

count on

Business Partner

What is Sage 50 Payroll?

Sage 50 Payroll gives you the confidence that you’re paying the right person, the right amount of money at the right time - automatically working out payments and deductions, including tax, National Insurance, pensions and sick pay. Not only will it save you time and give you more control over your payroll process, but you’ll have greater peace of mind that you’re up to speed with the latest employment legislation, such as Real Time Information and the Workplace Pension Reform. Recognised by HM Revenue & Customs (HMRC), Sage 50 Payroll puts you in control of your entire payroll process from everyday tasks such as paying your staff and maintaining your employee records to those less frequent ones such as managing starters and leavers. This makes it ideal for business owners, office managers, bookkeepers and accountants alike, who need to manage the payroll for over 10 employees.

To find out more speak to your local Sage Business Partner

Getting started

Our easy set-up wizard will get you up and running quickly. Sage 50 Payroll can be installed with a single click in many cases, with the option to customise the installation if required. If you’re new to Sage 50 Payroll you have the added comfort of knowing that you get 45 days free telephone and online support to help you get started.

Did you know...

employees were paid by a Sage Payroll solution in the 2011/12 tax year

Manage your people

Sage 50 Payroll helps you manage and maintain all of your employee records from keeping track of job history, appraisals and disciplinary records to the management of holiday and absences. With Sage 50 Payroll you can: • Create and maintain employee records • Store written statements of employment • Automatically calculate statutory payments such as sick pay and maternity payment • Predict the impact of pay increases, with Salary Review Forecasting • Manage employees’ holidays and absence • Manage appraisals and disciplinary records • Process paperwork for leavers and easily set up new starters • Append documents to an employee’s records e.g. Job Contracts and Pay Awards

Manage your payroll

The most important thing about running your payroll is paying your employees the right amount of money and on time. The process of paying employees is simple and efficient with Sage 50 Payroll, meaning you can complete your payroll quickly and easily. With Sage 50 Payroll you can: • Pay the right people the right amount of money on the right day • Automatically calculate statutory payments such as tax, National Insurance, statutory sick pay and maternity pay • Correct mistakes in a previous pay period and run it again • Choose your preferred layout for payslips, P45s and P60s • Choose to print or email secure payslips directly to employees • Make electronic payments direct to employee bank accounts • Receive and submit forms electronically to HMRC • Process student loans, attachments of earnings and employees loans • Set-up salary sacrifice deductions including pensions and childcare vouchers

Manage your business

Sage 50 Payroll allows you to work the way you want to. You can set-up, store and manage your payroll data in a way that fits your business. With Sage 50 Payroll you can: • Choose the layout of payslips and P45/P60s to fit your stationery and printer • Archive PDF versions of year-end reports so they’re quick and easy to access • Import and export employee and timesheet data from Microsoft Excel, CSV and other payroll software • Send your salary journals directly to Sage Instant Accounts and Sage 50 Accounts • Multi-company tasks allows you to update information for all or a selection of companies • Store up to seven years of processing history, allowing easier production of historical payslips, summary reports and create personalised historical reports • Create reminders to occur by date and time to assist in running your payroll tasks •

Use the Audit Trail log to keep track of changes made to your employees payroll payments Employer Compliance Report to help you provide secure information to HMRC if they want to undertake an Audit Automatic back-up points to enable you to recover any processing errors

Process your payroll year-end

Payroll year-end can be a daunting time for any business, which is why with Sage 50 Payroll you can: • Process your Payroll Year End in 10 simple steps • Submit forms electronically and securely online to HMRC • Receive forms from HMRC electronically • Start next year payroll before closing the current year

Did you know last year Sage 50 Payroll had a

What’s NEW in Sage 50 Payroll for the tax year 2012/2013 Count on us to listen New Sage 50 Payroll incorporates features you asked for such as salary sacrifice improvements and improved Payroll and HR integration, giving you greater flexibility and control of your Payroll.

Salary Sacrifice Deductions In addition to the salary sacrifice for pensions in your current software, the enhanced salary sacrifice feature enables you to set up and define salary deductions for childcare vouchers, cycle to work schemes and many more. Sage 50 Payroll will automatically ensure that your employee’s child care vouchers do not exceed the maximum tax relief they are entitled to receive.

New Sage 50 Payroll and HR synchronisation Automatically integrate data from Sage 50 Payroll to Sage 50 HR (v4). The ability to automatically synchronise information between your Payroll and HR software gives you greater control, saves you time and ensures your employee data is always kept up-to-date.

Available as a download from March 2012

Count on us to support your business through Payroll changes You tell us that legislative compliance is your number one requirement for Payroll software. At Sage we’re already working closely with HMRC to ensure you’re prepared for future legislation changes such as Real Time Information and the Workplace Pension Reform. You can count on us to guide you through the changes.

We’re RTI ready Real Time Information (RTI), the new system being introduced by HMRC, will mean that employers are required to send data about PAYE, NIC and student loans every time they pay their employees, rather than with their end-of-year tax return. The system will be phased in from April 2013 and will become mandatory for all employers by October 2013. As we’re already working with HMRC you can be confident that at Sage all our Payroll solutions are RTI ready. For more information visit www.sage.uk/rti

Workplace Pension Reform From Oct 2012 employers must start to provide a Qualifying Pension Scheme and opt all eligible employees in to it by making a minimum employers contribution. The reform will be phased in over 4 years, starting with large companies first and completing the mandate by February 2017. To ensure the introduction of compulsory pension contributions is as simple as possible, Sage 50 Payroll for the tax year 2012/2013 now includes the ability to record details of the pension scheme provided. The software records which employees have opted in or out, whether they have made a pension contribution themselves and when the auto-enrolment review date is due.

Count on us for choice and flexibility When it comes to payroll, employees and legislation we understand every business is different and one size doesn’t fit all. That’s why we offer Sage 50 Payroll in a range of ways to fit your business needs, simply choose what’s right for your business:

Sage 50 Payroll Annual Licence Plans Our flexible Sage 50 Payroll Annual Licence Plans are ideal for businesses with up to 25 employees, looking for support built-in. Each plan comes complete with access to the latest Sage 50 Payroll software, plus support and guidance throughout the year - when you want it and the way you want it.

Choose from: Sage 50 Payroll Explore Includes SageCover Online support which gives you easy access to any payroll answers you’re looking for, at a time that suits you. Plus, be fully up-to-date with the latest legislation.

Sage 50 Payroll Extra Our complete support package, including SageCover Extra, giving you remote support and our call back option. As well as priority telephone support you’ll still benefit from complete online support.

Sage 50 Payroll Exchange Receive SageCover which includes full telephone support, perfect for when you need to talk with one of our experts. You also still benefit from complete online support.

Sage 50 Payroll If you have more than 25 employees choose Sage 50 Payroll, the efficient and simple way to manage your people and your Payroll. And, should you require support you can count on our award winning support services, SageCover or SageCover Extra to guide you through.

SageCover Our SageCover memberships are more than just software support packages and legislative updates. Our business experts and technicians are always available to answer your questions, offering complete support and advice for your business and software, and provide expert guidance through changes that can impact on you and your business.

SageCover Extra SageCover Extra not only offers you all the great benefits of SageCover such as telephone and email support, but it gives you the confidence that your software is constantly up-to-date with the latest legislation and features and that your business is benefiting from advanced support and the very latest advice and expertise.

To find out more speak to your local Sage Business Partner

If you would like this information in an alternative format, please contact Customer Care on 0845 111 66 66 or email [email protected] so we can consider your request. Sage (UK) Limited, North Park, Newcastle upon Tyne, NE13 9AA www.sage.co.uk Paper from well managed forests © Sage (UK) Limited 2012 registered in England No.1045967 2/12 Information correct at time of print.

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