Construction Workers' Pension Scheme (CWPS) year end tasks
Description

When the CWPS year ends, you must clear down the CWPS history and balance from your employee records. You must also set up the CWPS calendar for the new CWPS tax year.

Cause
Resolution

Clear the CWPS balances and history

  1. From the menu bar, go to Year End then select New Construction Pension Year.
  2. When you receive the prompt to clear the balances and history, select Yes to continue.

Set up the CWPS tax year calendar

  1. From the menu bar, go to Company/Payroll then select Construction Workers Pension.
  2. Go to the Calendar tab and select Create New Calendar.
  3. Enter the start date of the new CWPS tax year.
     TIP: The 2025 CWPS year starts on 30 December 2024 and ends on 28 December 2025. 
  4. Select Create and check the dates and information are correct. If not, amend as required.
  5. Select OK.
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