EPBCS Workforce - UK Employer NI Tax
SummaryCalculating UK Employer NI Tax within Workforce
Our client requires the UK Employer NI Tax adding to their Workforce Framework.
As there are certain thresholds associated with the tax, i.e. taxable at 13.8% for those employees over the age of 25, and that the 13.8% only applies on the difference between basic salary and the tax free allowance (circa £8000), we cannot see how the out-of-box tax calculations will work for our UK-based customer.
Does the Workforce framework deliver an out-of-box calculation for UK Employer NI rather than having to go down the route of creating a custom formula? Anyone else encountered similar issues in calculating UK tax within Workforce?