Starting the new tax year

Karishma Updated by Karishma

Procedure for the new Tax Year starting 2024

To start the new tax year, the company year-end and employee year-end processes must both be run. This should be done on the original data and not the copy. Details on how to switch data is provided in Copy year-end data instructions article found here.  

The following procedures should only be performed if you have taken a year-end copy as described in the copy year-end data instructions article found here. Preparing the live data to process the new tax year involves zeroing the employee year-to-date totals that are essential for printing the P60s for employees. 

To view the article for processing the company year-end, click here.

To view the article for processing the employee year-end, click here.

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