Legislative Update for PeopleSoft HCM Global Payroll United Kingdom
By Paul Smit-Oracle on Aug 22, 2014
HMRC have announced changes to the requirements for submissions from April 2015 and have published new versions of the MIG files. These requirements will be incorporated into the PeopleSoft application as part of RTI 15-16 Update for the generation of the FPS and EPS files. The update will include changes to the Earlier Year Update (EYU) for 2014-15 as well.
Shared Parental Leave and Pay
The Shared Parental Leave Regulations 2014 shall come into force on 1st October 2014. The regulations would ensure working parents have more flexibility in how they arrange their time off and their work in a way that makes sense for their family in the year after the birth or adoption of a child. The new system’s aim is to create a framework that better supports modern working families. This allows working parents to balance the responsibility of caring for their child without having a negative impact on their career.
Our revised position statement includes these legislative changes and the respective delivery timelines. We advise customers to review the position statement to keep up-to-date. Our Position Statement can be found on My Oracle Support, Document ID 1631637.1.