“Start New Tax Year” means wrapping up (closing) the current tax year data and moving on to start processing the pay for the new tax year beginning from 6th April. There are a few simple prerequisites before you start the new tax year.
Important Notes:-
To Start the new Tax year, click on Start New Tax Year from the Others drop down menu. The option to start the new tax year will be available after 31st March each year so, you can run the pay for the new tax year before the new tax year actually starts. Please note that once you click on this button, the previous year's data will be frozen. You will be able to view/print the data in the Reports section but not make any changes to it. Please enter the Sign In Password you use when signing in to our website and click on the Confirm button to close the tax year and start the new tax year. To complete the move to the new tax year you have to sign out from the system and then sign in again. You can now sign in to our service again and start processing the pay for the new tax year. You can view the previous year data in the Reports section. |
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Road Map - Moving to the new tax year Others -> Start New Tax Year -> Option 1 'Regular Payroll User with Live Data to Start NEW TAX YEAR' / Option 2 ' Test User with Test Data to Start NEW TAX YEAR' ( 'Others' is the button positioned in the tasking zone menu at the top. It is the first button on the right.) |