| Payback Payroll v9.03 2011 Released: 'Jobs Budget'
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|Author:||eamon [ ]|
|Post subject:|| Payback Payroll v9.03 2011 Released: 'Jobs Budget'|
2011 payroll software update ('Jobs Budget' changes)
If you are running Payback version 9.03, then your payroll software is already up to date. You do not need to do anything else.
We have released a new version of Payback 2011. It can be downloaded from here:
IMPORTANT: Please back up your Payback data before installing this update. (In Payback, click Admin / Backup / Backup and save the file somewhere like your desktop)
Download and run the setup.exe file, and follow the on-screen instructions. This will update your software to v9.03. If you start Payback and notice your payroll data is not present, then you can restore your data from the back up you made (click Admin / Backup / Restore)
In response to the recently announced 'Jobs Budget', we have released a new version of Payback. The main change is the rate of employer's PRSI for class 'A' employees. Employer’s PRSI on those earning less than €356 a week or equivalent has been halved.
Please make sure you process payments that have a pay date on or after 2 July 2011 with this new version (9.03)
The new PRSI rates can be found here: http://www.welfare.ie/EN/Publications/A ... 1_july.pdf
We would also like to draw your attention to this link, that concerns the tax treatment for pensions: http://www.revenue.ie/en/practitioner/e ... 62011.html
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