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NI Employment Allowance in Quickbooks

  • 69 posts
  • # 98936

Hi after days of trying to find out how to claim the employment allowance, here' how to do it in Quickbooks 2014

1.  If you intend to claim the employment allowance, go to Employee' RTI, submit EPS and tick the employment allowance indicator checkbox.  This notifies HMRC that there was an 'application'
NOTE: Do not reduce the amount of liabilities you pay because you have made an application for the employment allowance.  Pay the full amount of liabilities and HMRC will refund you based on the employment allowance application as appropriate.  We recommend that you create a separate subaccount under 'payroll expense' to enter the refund in QB, rather than affect the liability account.  This will reduce the amount of payroll expenses for the year.

2.  Click Add/Edit Account Holder's info to review and edit your bank account details as required.

Note:-  This information allows HMRC to credit a refund directly to your account.  It does NOT activate a direct debit of liabilities.

3.  Click Submit

4.  Enter your HMRC credentials and click Submit.

Hope this helps.

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