At year-end and over the festive period, you may need to manage specific payroll tasks, such as holiday pay, small benefits, or early payments. These tips help you handle the most common scenarios in Sage 50 Payroll Ireland.
You can process Small Benefit Exemption payments in Time and Pay to report them to Revenue.
A Small Benefit Exemption isn’t a cash payment. You need to add a nett deduction so it doesn’t appear in nett pay.
If an employee’s holiday spans year-end and includes a payday in the new tax year:
Revenue counts the bank holiday as the payday if it falls on your normal pay date. Funds must reach the employee’s account the day before the bank holiday.
You can add a payslip note in Sage 50 Payroll Ireland to wish your employees a Merry Christmas or Happy New Year.
You can use the Gift Cards option in Sage 50 Payroll Ireland to purchase One4all vouchers for employees as seasonal rewards.
During winter, it's common for employees to pick up sickness bugs. Process statutory sick pay to record sick pay accurately in Sage 50 Payroll Ireland.