Payback Version 2017.05

P2C Include year to date
The only change to this version is saving the status of the P2C 'include year to date' check box. You may have to tick this the first time you use it as the default value of unticked will be copied across from the previous version. It should then remain ticked (or whatever default value you've selected) each time you import a P2C.


Payback Version 2017.03

Supplementary P35
The ROS test environment has not been updated to accept either Supplementary P35s or P45s with Fortnightly payment frequency. Revenue say it will be updated in the new year.

The only change for this release is to allow 2016 Supplementary P35s to be uploaded to live ROS. This is not a critical update.


Payback Version 2017.02

P45
Payment Frequency, PRSI Exemption and USC Exemption added to ROS P45 and Printed P45


Payback Version 2017.01

(Pre-release version)

Budget Changes

PAYE
There were no PAYE changes for 2017 in the Budget. All PAYE rates stay the same.

PRSI
There were no PRSI changes for 2017 in the Budget. All PRSI rates stay the same.

USC
New USC Rates can be found here: http://www.revenue.ie/en/tax/usc/

The standard rates of Universal Social Charge are:
2011 - 2014 Rate 2015 Rate 2016 Rate 2017 Rate
On the first €10,036 2% On the first €12,012 1.5% On the first €12,012 1% On the first €12,012 0.5%
On the next €5,980 4% On the next €5,564 3.5% On the next €6,656 3% On the next €6,760 2.5%
On the balance 7% On the next €52,468 7% On the next €51,376 5.5% On the next €51,272 5%
    On the balance 8% On the balance 8% On the balance 8%

 

The Reduced rates of Universal Social Charge are:
2011 & 2012 2013 & 2014 2015 2016 2017
Individual aged 70 years or over. Individuals aged 70 years or over whose aggregate income for the year is €60,000 or less. Individuals aged 70 years or over whose aggregate income for the year is €60,000 or less. Individuals aged 70 years or over whose aggregate income for the year is €60,000 or less. Individuals aged 70 years or over whose aggregate income for the year is €60,000 or less.
Individuals who hold a full medical card (regardless of age). Individuals (aged under 70) who hold a full medical card whose aggregate income for the year is €60,000 or less. Individuals (aged under 70) who hold a full medical card whose aggregate income for the year is €60,000 or less. Individuals (aged under 70) who hold a full medical card whose aggregate income for the year is €60,000 or less. Individuals (aged under 70) who hold a full medical card whose aggregate income for the year is €60,000 or less.
2% - on the first €10,036 2% - on the first €10,036 1.5% - on the first €12,012 1% - on the first €12,012 0.5% - on the first €12,012
The 4% rate applies to all income over €10,036 The 4% rate applies to all income over €10,036 The 3.5% rate applies to all income over €12,012 The 3% rate applies to all income over €12,012 The 2.5% rate applies to all income over €12,012

 

New Features

Archive old employees

For the 2015 version we introduced Company archiving. Now there is an Employee Archive facility. If you do not want old employees appearing in the Employee screen, these can now be archived. Note that this does not effect reports, the Payroll screen or any other feature of Payback. Archiving an employee just stops the employee from appearing in the Employee screen employee list. More information can be found here:

http://www.payback.ie/support/explainers/archiving-companies-and-employees/

P2C File Import

The 'Update Year to Date Figures' is now set to the default value of ticked.

Update warning

New option available to receive new version update warnings for every release of Payback, not just critical versions. To see this setting, click Admin>Options>Preferences. There is a new drop down called 'Software Update Notification (on start up). The two choices are:

 - Critical Updates only (recommended)

 - All Updates

'Critical updates only' is the default setting. You will only be informed of updates if they are critical - ie. if the update effects figures or if there is some statutory change. This avoids you having to do unnecessary updates. Alternatively, you can now opt to also receive all updates, no matter how trivial.