Tuesday Mar 04, 2014

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

An update on Direct Earnings Attachment

The Welfare Reform Act 2012, which became law in March 2012, allows Department for Works and Pensions Debt Management to ask the employer for making deductions directly from payee’s earnings. This is routed by asking employer to operate a Direct Earnings Attachment (DEA).These regulations are only in force in England, Scotland and Wales hereby excluding Northern Ireland.  DEA has its own regulations which follow some of the workings of a Deduction from Earnings Order (DEO) and some workings of an Attachment of Earnings Order (AEO), particularly a Council Tax Attachment of Earnings Order (CTAEO). DEA does not replace other orders and in some circumstances employers may receive requests to implement deductions for multiple orders for the same employee. The legislation covering DEAs, part of the Social Security (Overpayment and Recovery) Regulations 2013 came into force on 8th April 2013.

DWP has released necessary specification for an automated payroll solution which will be introduced effective April 2014. In order to ensure compliance with this legislative initiative Oracle has updated the position statement that is made available on My Oracle Support, Document ID 1631637.1.

Sunday Jan 05, 2014

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

Autumn Statement Changes for 2014-15

On 5th of December 2013, The Chancellor of the Exchequer delivered his Autumn Statement.  Following the announcement, updated rates and thresholds were released affecting certain calculations with respect to National Insurance, PAYE and Statutory Payments. In addition, new thresholds have been announced for student loan calculation and earning thresholds for automatic enrolment into a pension scheme. The changes are effective 6th of April 2014.

In order to ensure compliance with this legislative initiative Oracle has updated the position statement that is made available on, My Oracle Support,  Document ID 1514384.1. 

Wednesday Dec 04, 2013

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

Real Time Information for Fiscal Year 2014 - 2015

The HMRC have announced changes to some of the requirements for submissions from April 2014 and had published new versions of certain MIGs.  These updates has been integrated into the PeopleSoft application as part of RTI 14-15 MIG Specifications for various file generation like FPS & EPS. This includes MIG changes to Earlier Year Update (EYU) for 2013-14 as well. Each year HMRC would publish changes required to the RTI process and this year is no different. PeopleSoft GP UK provides these legislative changes to allow customers to start the migration process and for those customers chosen, take part in the pilot phase of the HMRC project.

Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support , Document ID 1514384.1.”

Monday Sep 30, 2013

PeopleSoft HCM RTI Legislative Update for Global Payroll United Kingdom

The HMRC announced changes to some of the requirements for submissions from April 2013 and published new versions of certain MIGs. These updates have been integrated into the PeopleSoft application as part of RTI 13-14 MIG Specifications for various file generation like EAS, FPS, EPS and NVREQ. All PeopleSoft Global Payroll United Kingdom customers will be required to comply with the legislative changes and complete migration to Real Time Information by October 2013 as stipulated by the HMRC. PeopleSoft Global Payroll United Kingdom provides these legislative changes to allow customers to start the migration process and for those customers chosen, take part in the pilot phase of the HMRC project.
 
Real Time Information will replace the EOY (End of Year) and In-Year Filing processes that currently exist and all employers in the United Kingdom will be legally bound / compliant by the date specified, October 2013.

PeopleSoft Global Payroll for United Kingdom products have been adding functionality along the way to support the requirements for Real Time Information known as RTI. A whitepaper outlining the changes that have been introduced by HMRC for the tax year 2013-14 (including the earlier Year Updates for 2012–13) is now available on My Oracle Support, Document ID 1586706.1. This document provides valuable information for UK based employers (including UK subsidiaries of overseas organizations) who plan to implement RTI in PeopleSoft Global Payroll United Kingdom to comply with HMRC regulations. We advise customers to review & keep up to date.

Tuesday Dec 27, 2011

RTI Legislation coming to Global Payroll for the United Kingdom

HMRC published the Technical Specifications for RTI early May 2011. The technical specifications were then re-published after feedback from Software vendors as a direct result from the various HMRC ‘workshop’ days between June 2011 and September 2011.
Oracle is on target to provide the changes for RTI on GPUK 9.0 for our customers participating in the HMRC pilot program from June 2012.
To read detailed information about RTI please go to My Oracle Support, Document ID 1389600.1
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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

For other useful information about PeopleSoft Applications see the PeopleSoft Applications Strategy Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.

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