Tax (PAYE and fee tax)

The tax pages under School Accounting → Tax help you work out staff PAYE, keep track of what to remit, and report tax collected on fees. Tax management needs a plan that includes it.

Tax settings

Open Tax Settings to manage, in one place:

• the tax bands used to work out PAYE (each band can be turned on or off; Academium warns about gaps between bands);
• the deduction types;
• the rates, with a record of every change.

Staff tax details

For each member of staff, record their TIN, pension rate, NHIS, life insurance relief, any custom relief, and whether they are exempt (with the type, the dates and a reason).

Exemptions

Open Tax Exemptions to record exemptions with a reason, an optional end date and a supporting document. Exempt staff lists who was exempt in each month, and why.

Monthly PAYE

The tax overview shows, for each month, how much PAYE was withheld, how much is to remit, and which bands were used. PAYE on payslips is worked out from your bands automatically. See Pay grades.

Reports

• PAYE report
• Remittance: a snapshot of what is due to be remitted
• Fee tax report: tax collected on fees, by fee type and payment method

Tax calculator

Enter a gross salary, pension, NHIS and life insurance to see the tax that would be due.