How Payroll Software Reports Statutory Neonatal Care Pay (SNCP) in the FPS and EPS

How Payroll Software Reports Statutory Neonatal Care Pay (SNCP) in the FPS and EPS

Introduction

Statutory Neonatal Care Pay (SNCP) is a crucial part of payroll reporting for small and medium-sized enterprises (SMEs) that support employees during neonatal care periods. Payroll software, like Givver.io, automates this reporting in the Full Payment Submission (FPS) and Employer Payment Summary (EPS) to ensure compliance and proper record-keeping. The goal of this article is to explain how payroll software like Givver.io handles SNCP reporting seamlessly and efficiently, reducing the administrative burden for SMEs.

What is SNCP?

Statutory Neonatal Care Pay is a statutory payment made to eligible employees who take time off work to care for their newborns receiving neonatal care. Payroll software used by SMEs must correctly calculate and report this pay to HMRC.

How Payroll Software Like Givver.io Reports SNCP

Payroll software automatically includes specific information in the Full Payment Submission (FPS) every time SNCP is processed. Here’s how Givver.io, tailored for SMEs, handles SNCP reporting:

1. Include SNCP Year-to-Date Totals: Givver.io ensures that the FPS includes the total SNCP paid to the employee year-to-date. The specific field to include is "Statutory Neonatal Care Pay (SNCP) year to date".

2. Reclaiming SNCP: Givver.io automates the process of reclaiming SNCP from HMRC. The software submits the amount reclaimed via an Employer Payment Summary (EPS). The reclaimed amount is included in the field "SNCP reclaimed this tax year".

3. National Insurance Compensation: If your SME qualifies for Small Employers’ Relief, Givver.io reports the amount in the field "SNCP recovered this tax year" to accurately reflect the National Insurance contributions compensation.

EPS Reporting for SNCP

When reclaiming SNCP through EPS, Givver.io includes the following automatically:

• SNCP reclaimed this tax year: Total amount reclaimed.

• SNCP recovered this tax year: Amount of National Insurance contributions compensation recovered.

Key Points to Remember

• Givver.io automatically reports SNCP in your FPS when paying an employee, specifically designed to ease the workload for SMEs.

• The software handles EPS submissions to reclaim SNCP efficiently.

• Givver.io ensures that relevant field names are correctly included as specified by HMRC.

• Year-to-date records are maintained accurately and kept up to date.

Conclusion

Payroll software like Givver.io streamlines the reporting of Statutory Neonatal Care Pay, ensuring compliance and allowing SMEs to efficiently reclaim statutory payments. By automating the reporting process, Givver.io helps small and medium-sized businesses meet HMRC requirements without manual intervention, making payroll management easier and more accurate.