SBS Budgets software update: Admin Console, Multi-School Report and Quick Salary Calculator
On Friday 10th March we deployed our latest enhancements to SBS Budgets, further underpinning our commitment to ongoing development.
Admin Console and Multi-School Report name abbreviations:
The first HR integration with Every HR is now available with SBS Budgets. Syncing your staff database and associated employee costs.
Quick Salary Calculator:
A new item under Staffing, adding basic details to create quick costing values.
General Performance Updates:
Updates to general performance of the system and reports.
See also:
The National Insurance update:
This year, the changes that apply from April 1st, to the National Insurance Employer contribution includes the same threshold of £9100.00 before National Insurance for each staff member and the rate applied has also remained at 13.8% similar to the November NI update. (this is for staff over 21). Please see the table below for this.
| Age bracket | Weekly Earning (£) | Yearly Earnings (£) | Rate (%) |
|---|---|---|---|
| 21 or over | ⩽175 | ⩽9100 | 0 |
| >175 | >9100 | 13.8 | |
| Under 21 | ⩽967 | ⩽50270 | 0 |
| >967 | >50270 | 13.8 |
Maternity Pay:
The HMRC have announced the latest SMP rate of £172.48 from April 1st.
For more information on the National Insurance and SMP rates, please see the government website: https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2023-to-2024
Contact us
Get in touch with us if you would like to know more!
If you require any assistance or have any questions, please call our Service Desk on 0345 222 1551 • Option 8.
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