Setting up simple Payroll

FreeAgent simple payroll is only for tax years prior to 2013/14.

FreeAgent now has a new payroll which supports RTI submissions to HMRC. Please see our 2013/14 payroll article, or guide to setting up payroll to get started.

Simple Payroll

Simple payroll works by calculating a set of payslips for a given Tax Year. Both Pay-as-you-Earn Tax and National Insurance Contributions are calculated. To view a simple payroll go to the 'My Money' menu and choose 'Payroll'. Select an appropriate tax year prior to 2013/14.

Known issues with FreeAgent's simple payroll engine

We are aware of some problems with the simple payroll engine, for example:

  • Both employee's and employer's National Insurance can be 3p out each month.
  • If a director starts part way through a tax year his/her National Insurance may be wrong.
  • Leavers may not be handled correctly.

If you're in any doubt, always use another programme, such as HM Revenue's free online calculators, to check any payroll figures prior to 2013/14 in FreeAgent.

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