SGC 10.5% statutory rate
I process pay runs on a monthly basis.
My settings for SGC are set at statutory rate default rate of 10.5%.
Now for all monthly pay runs from July 2022 to January 2023, the payroll app has correctly calculated SGC at this 10.5% rate.
However, I have suddenly become aware that for my processed monthly pay runs of February 2023 and March 2023 the payroll app has calculated SGC at the previous 2022 F/Y rate of 10%.
I have checked and rechecked my settings which appear to be correct. The only way I can now get the app to calculate at 10.5% is to manually change the "rate basis from statutory rate to percentage " and then specify 10.5% prior to processing/sending off .
Has there been a change in the app making it necessary to go through the above step. As far as I can recall this has not been necessary for all of my previous pay runs ??
I have attached three files labelled PDF shot 1; PDF shot 2: PDF shot 3 to illustrate this issue.
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