NI Calculation For Leavers On A Monthly NI Basis Not Weekly
Last updated on MAY 02, 2017
Applies to:Oracle Fusion Global Payroll Cloud Service - Version 18.104.22.168.0 and later
Information in this document applies to any platform.
We have terminated an employee and issued a P45 for 31/3/2017.
We have then processed an after leaver payment for the employee for 31/5/2017, however the NI calculation is based on a monthly NI basis not weekly.
The payment made is a Company Bonus, which is set up as a Regular earnings element (as opposed to Irregular Earnings), however we expected that the NI calculation would be overridden and calculate on a weekly basis if the payment is after the P45 has been issued. In addition how would the solution treat the NI calculation if it was a backdated change to salary which is also set up as a Regular Earnings, as the arrears element is also set up as a Regular Earnings, but the payment is made after the employee has left?
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