Over recent years the number of members drawing an income from SSASs has increased dramatically. The Payroll Module enables SSAS~Pro users to administer the pension payments for members using data already held within the system.
The Module consolidates multiple cluster payments due on the same day for each member to create a single payroll record. This is essential to ensure that the member’s PAYE tax is calculated correctly and that the annual maximum income limit is not exceeded.
The payroll process is administered using a controlled five step process enabling users to produce payslips and P60s and for the SSAS~Pro records to be updated in bulk to reflect income paid and associated bank transactions.
End of year returns can be electronically submitted to the Government Gateway. Users can also receive P6 forms and submit P45 and P46 forms electronically via the Gateway.