Before you start CAUTION: Update Construction Workers Pension Scheme (CWPS) contribution rates in Sage 50 Payroll Ireland when your pension provider changes them. When you install a software update, Sage Payroll applies standard CWPS rates. If you’ve changed rates before, the update replaces them with the defaults. The year-end update doesn’t replace rates for the closing tax year. It updates the new tax year with the correct settings. After every update, review your CWPS setup and update your custom rates if needed. Update CWPS rates - Open Sage 50 Payroll Ireland and log in to a payroll.
- Back up your data.
- Go to Company/Payroll, then select Construction Workers Pension.
- Open the Rates tab.
- Select Edit, then enter your administrator password
- Select Edit Rates.
- Next Category, select Browse, then choose a valid CWPS category:
- BLD - Builder Rate (no longer in use)
- BSC - Pension Only (no longer in use)
- ELT - Electrical Rate (no longer in use)
- POC - Pension Only no DIS
- SPB - Pension/Sick Pay
- SPI - Standard Contribution + Industry additions
NOTE: The BLD, BSC and ELT rates no longer apply. Update any employees who still use them. - Select OK to open the contribution rates.
- Update contributions as needed:
- Add a contribution: Select Add Contribution, then enter the values
- Change a contribution: Select the line and edit the fields
- Remove a contribution: Select the line, then Delete Contribution
- Repeat these steps for every CWPS category you need to update.
- Select OK to save your changes.
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