Sage 50 Payroll
The 2020/21 tax year software update is available now.
To check if you have installed it, in your Sage Payroll, go to Help, then About and check your version is 27.01.
If it’s not, you need to install the update as soon as possible to ensure you are using the correct legislation for the new tax year.
Changes to the NMW rates – From 1st April 2021 the national minimum wage (NMW) rates are increasing. There are the minimum rates most employees are entitled to. You can use the minimum wage check option to check you are paying your employees the correct rates.
Important Dates
• 5th April 2021 – Tax year ends
• 19th April 2021 – Final submission of 2020/2021 tax year deadline.
• 31st May 2021 – P60s must be distributed to employees by this date.
If you would any more information on the new Sage Payroll update or help with the Payroll year end process is now available if you would like to purchase an upgrade or need any other help or anything else please contact us