Once you've prepared for payroll year end, to complete the year end process, simply click Run Payroll, as you would for any other pay period.
When you do this, you automatically:
Send the final submissions with the year end indicator.
Upload P60s to employee portals.
Upload payslips and P45s to employee portals.
Update tax codes.
Uplift statutory bandings.
Update statutory thresholds.
Update thresholds for tax and NI.
Clear down pension year to date figures.
Remove week1/month1 indicators.
Uplift student loan thresholds.
Update auto-enrolment thresholds.
Refresh year to date figures for the new tax year.
Update Employment Allowance based on company settings.
Close the old tax year.
Switch over to the new tax year RTI gateway.
Open the new tax year.
What next?
Once you've processed your payroll year end, there are a few things you can do to get ready for the new tax year.